SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: JB who wrote (705)6/15/1999 5:03:00 PM
From: Venditâ„¢  Read Replies (2) | Respond to of 19374
 
Jack

I was away most of the day but managed to watch AOL trade the last hour. I had thought yesterday that I should place a limit at $89- $88 for this morning because I knew I would be away but did not because of the risk of not being here to baby sit.

AOL was sitting on a stochastics 5-3-3 and William's R bottom at close on Monday so today was fairly predictable. There is a better then 50/50 possibility that AOL will again lunge higher in the morning based on the same stochs signal and the open or white candle formed today.

This week will most likely still be give and take but for now AOL did bounce off its 200 EMA so this could be the start of some basing.

I did not watch or chart GNET although GNET is on my streaming quotes. I believe it was down in the late afternoon so it looked like the tech rally in general was faltering a bit.

http://askresearch/cgi-bin/chart?symbol=AOL&exchange=USA&siz...

Based on the above chart I think it possible to see AOL peek over the $100 mark tomorrow if the market stays strong like today.