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Technology Stocks : America On-Line (AOL)

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To: DOUG H who wrote (15022)5/5/1999 5:12:00 PM
From: HECTOR RUBERT  Read Replies (4) of 41369
 
Does anyone know where the "TECHNICIAN" is? He predicted a drop to 100. He also said he would sell his shares at the open to lock in profits.

I told him to cover his short position today in case he was short ....which I believe he was.

In any case, the technician was............WRONG!!!!!!!!!!!!

As I posted last night....AOL always bounces of its 50 day moving average...........well today .......IT DID!!!!

Those who sold out of fear now have regret. Those who held with fear now are vindicated. Tomorrow will be a great day for AOL longs.

Keep an ear plugged to what Steve Case will announce this week. According to CNBC, Steve is to make an announcement either this afternoon or tomorrow. No more specifics however, XCIT rallied 21pts on no news!!

Looks like someone knows something and it involves ATHM!!!

Best to all,

Hector
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