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Technology Stocks : America On-Line (AOL)

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To: robert duke who wrote (4667)2/8/1999 10:38:00 PM
From: John Carpenter  Read Replies (4) of 41369
 
Robert,

There have been six instances since September 1998 that AOL has
touched the bottom of the Bollinger Band. In all instances,
a nice rally ensued on the following day. Tonight marks the seventh occasion.
Of course, there's no guarantee that AOL will rise tomorrow.
At the very least, we look very close to the bottom(0-2 days
maximum.) Even if I risk being wrong, I'm not shy in giving straight answers(unlike politicians). In any event, I expect this stock to
resume its upward move to new highs tomorrow. As a disclaimer,
my advice costs you nothing, which could prove to be what my
prediction is worth.
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