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Strategies & Market Trends : The New Millenium Portfolio

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To: wlheatmoon who wrote (62)	1/17/2000 10:31:00 AM
From: Jorj X Mckie	Read Replies (1) of 540

Mike, I know that AOL at 35 is likely a pipe dream, but right now, we have to be very selective with the nuts. The internet sector has been in a bear market (call it a correction if you will) for 1 month now. It has not shown any signs of reversing yet. I am not so concerned with catching the bottom, but I want to enter when the momentum is going the right direction. On the 5pt chart for AOL, it is looking like a high pole reversal right now and the BSL is at $35. I am certain that it won't get there, but......if it does, that is the buy point.

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