America On-Line: will it survive ...? Message Board

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Technology Stocks : America On-Line: will it survive ...?

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To: Don Roberts who wrote (2330)	3/10/1997 7:49:00 PM
From: Chi-X	of 13594

AOL had technical breakoutS today. There was the $44 resistance which was broken pretty quickly. Then, there was the $46 resistance which was there since late June 96. AOL broke both of 'em today. This is good for me 'cause I've been having trouble shorting for the last 5 trading days with no AOL shares available. I'm sure my broker should have plenty of shares available tomorrow after the short squeeze yesterday. If you're shorting AOL, you gotta read the charts and know where the resistance and breakout points are. Next stop is $50 even. Set your stop accordingly around $50 1/4-3/8 if you plan to short tomorrow. Cheers, Chi-X has Spoken! CEO Chi International members.aol.com

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