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Technology Stocks : America On-Line (AOL)
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To: Rick who wrote (18510)5/25/1999 9:30:00 PM
From: Jeff Sutton  Read Replies (2) of 41369
 
AOL very rarely closes down four days in a row.

I did a little research. Since January 98, AOL has closed down on 4 consecutive days only twice. If tomorrow's close is lower than today's, that will be 4 days.

From 7/30/98 to 8/6/98, AOL was down 5 consecutive days.

7/31/98 117.13
8/3/98 116
8/4/98 111
8/5/98 107.38
8/6/98 105.38
...
8/7/98 111.88

From 2/4/99 to 2/9/99, down 4 consecutive days:

2/4/99 169.00
2/5/99 164.00
2/8/99 159.00
2/9/99 147.94
...
2/10/99 150.88

I know these are meaningless statistics that aren't predictive, but perhaps interesting for those of us with nothing much to do but wait.

Still waiting for better days, still long. And have to think the bottom is near (but not calling it).

edreyfus.com
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