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Technology Stocks : America On-Line (AOL)
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To: Epics who wrote (37437)1/12/2000 3:12:00 PM
From: Rob S.  Read Replies (3) of 41369
 
AOL is testing the lows for the day and this period at around 59 1/2. I just bought in at 59 7/8 and will buy some more lower as soon as I post this. I think the recent news has had time to be digested and the stock will reverse by tomorrow. The TA shows a short-term extreme oversold condition - to the point that movement higher from this level over the next few days is very likely. IMO, jump in now with both feet. I will look to get out quickly as it rallies, maybe to 67-71. I think that more downside latter in the year is very likely.
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