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Strategies & Market Trends : Asia Forum
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To: Mike M2 who wrote (8494)4/19/1999 5:57:00 PM
From: Paul Berliner  Read Replies (1) of 9980
 
OT - AOL has broken its 1 and 2 year trendlines on logarithmic charts, which is pretty extraordinary... a log chart trendline is harder to break than a regular chart... so the market leader for the last 2 years has sung its swan song. Let the rush to the exits ..... and the rush into growthless cyclicals commence.

Something is up with AOL and the smart money is bailing - there's something awfully fishy about its activity recently.... I guarantee the bad news will be blamed on Netscape when it surfaces.
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