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Technology Stocks : America On-Line (AOL)

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To: Venditâ„¢ who wrote (8811)3/31/1999 5:15:00 PM
From: Rob Cavese  Read Replies (1) of 41369
 
Not sure how a 10-day moving average can be called support...

Look at the very strong divergence from the 50 day SMA since early March and consistent gravitation back to it historically.

bigcharts.com

A 10-day moving average will give false support on a stock that moves 10% in a day.

Lots of bear signals near term - new quarter starting, long weekend, Kosovo, signs of economic slowing, decline in Dow...

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