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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Jimbo Cobb who wrote (22246)	6/14/1999 11:31:00 PM
From: puborectalis	Read Replies (1) \| Respond to of 41369

From Cheetah..Market Closing Report: Monday: Hey guys.. As many of you know, I was hit with a computer virus that destroyed my hard drive. I have back up computers, however I need my main computer back up and running. That will take a lot of work. Also I am commuting back and forth this week quite a distance so this is causing me distress as well. I also have some personal issues I need to address. So with all this said, I will not be able to update this site again until Monday after the close (June 21). That should give me a chance to get everything in order. I am really sorry for this inconvenience. The NETS continued to fall hard. There will always be bounces but we have much lower to go. I have said this for a while so just be prepared for more downside. The major issue that is being missed is "not how far the nets are off their high, but rather how far they are still up over the last one to two years. Many are still up 300%!!!! This net shake out is very healthy as it gets rid of the huge speculative froth. The leaders will be back, like AOL, EGRP, YHOO, but the other nets that were up with the froth will be lucky to get back half way to their peaks. So quality is the key and if you don't own any of the leaders you must always consider them for your long term portfolio. By the way LCOS has been at my active alert site since 88 as a short. Today we hit 70 for a low, and the Target of 60 is approaching fast. Congrats LCOS Target followers! While I am gone use my updated support and resistant levels to help guide you with your near term trading. Ok see ya back here in one week and in the mean time you can still catch me in live session. Take care - Cheetah..