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Technology Stocks : America On-Line: will it survive ...?

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To: J.S. who wrote (8218)2/24/1998 5:02:00 PM
From: Bob Kimball  Read Replies (2) of 13594
 
shorts don't get too excited yet... ewave counts suggest there is still some upside work to be done before the bull leg from the October low @64 is over. The low end of the range is 125-128. The high end of the range is 135-150.

The way I see it we are just finishing wave 3 up and starting the wave 4 correction, which should run down to 112-114 with a very small chance of a retracement under 100. Then a run back up to 125+ before any substantial decline back to the prior major peak around 70. Could take awhile...
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