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Technology Stocks : America On-Line: will it survive ...?
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To: Steve Robinett who wrote (5942)11/15/1997 2:41:00 PM
From: Louis Riley  Read Replies (1) of 13594
 
Two things about that chart:

1) The uptrend line in place from the October 96 low has been decisively broken.

2) Volume has steadily trailed off over the past year until last month's blowoff. That is what distribution looks like.
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