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Technology Stocks : America On-Line (AOL)

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To: Craig A who wrote (12429)4/23/1999 6:28:00 AM
From: Irene Lynn  Read Replies (3) of 41369
 
to all...i'm mostly a lurker for personal reasons...last time i posted was to tell you about that aol rep who told me about cable...i just wanted to let you all know to relax because the point and figure technical analysis (if any of you follow)..has just shown aol as a 'buy'...this is just one technical analysis i follow and have found it invaluable..if any of you would like to know more about point and figure ta..there's a thread here on si called point and figure charting..it's worth your while!!..good trading and relax if there are pullbacks, investors will take profits...and consolidation is important to go further..an important indicator on the point and figure ta (nyse bullish percent)a few days ago turned positive which means we are in a bullish trend long which could last 2 or more months...this indicator turned in sept and the rally continued thru jan till it turned negative....it has never been wrong in 30 years...tom dorsey is the guru and wrote the book and has a website..you can get a free trial for 3 weeks...
regards
irene
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