America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: im a survivor who wrote (19940)	6/3/1999 6:11:00 PM
From: larry	Read Replies (1) of 41369

Man, you are losing control...however, what you said could be true. No market bottom is formed on graudual declining days. Right now people are buying low and selling lower. The true bottom is formed on the day that DOW is down 500 points and Nasdaq 150 points. It could be a intraday reversal. I think that day should come soon, hopefully this month. THe market sentiment is already bad and all it needs is a little flame that ignite the fire. Could be the employment data, CPI number, or the Fed meeting. Go full margin on the day that MSFT down 6, YHOO! & AOL down 20...then it's all blue sky again. The weak hands have to be wiped off (Fidelity is still busy issuing margin calls these days) before any material rebound can be seen. larry

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