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Technology Stocks : America On-Line (AOL)

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To: freeus who wrote (16172)5/10/1999 5:09:00 PM
From: Sabrejet  Read Replies (1) of 41369
 
That number I guesstimate will be about 90 or so when that time comes. Today's action was welcomed but somewhat predictable. It is now sitting at it's 50 dma but the retracement does not mean much, mid-term. It made a great trading move for the day traders today. I still see a move down. With volume drying up and the upside in the market capped by interest rates, it will only be a matter of time. But, again, I don't see us below that 200 dma. If you are long now, I would discount the move relative to the capital gains and make a decision.

I will be buying more no matter what at the 200 dma.

sz
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