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

To: Steeny who wrote (22797)	6/17/1999 11:06:00 AM
From: Craig A	Respond to of 41369

Cramer today: For any Cramer junkies.. 'Yesterday was a fulcrum day, as I tried to relay to you readers with 17 pieces, a total overload, but not what you would get if you only read us on Yahoo! (YHOO:Nasdaq) or AOL (AOL:NYSE). I like what I see.'

To: Steeny who wrote (22797)	6/17/1999 11:22:00 AM
From: Ed Forrest	Read Replies (1) \| Respond to of 41369

>> Most of the funds took some money off the table, but the small guys did not << I suggested in an earlier post that part of AOL's decline was "the big guys" systematically selling to drive down the price to the 90's and thereby creating a buying opportunity for their firms.Your edited response(posted above) tends to confirm my contention.Can you comment on this? Ed Forrest

To: Steeny who wrote (22797)	6/17/1999 12:22:00 PM
From: Tunica Albuginea	Read Replies (1) \| Respond to of 41369

+Steeny: Would you call this " AOL leaping up?" <g> askresearch.com USA&size=480x360&months=6+months&type=Candle&color=Parchment&scale= Logarithmic&moving=exponential&moving1=20+day&moving2=70+day&moving3= 200+day&bollinger=20+day&ind_sto=on&sto=15-5-5&ind_wpr=on&wpr= 12&ind_rsi=on&rsi=8&ind_macd=on&macd=12-25-9&ind_roc=on&roc= 16-8&ind_mfi=on&mfi=13 TA I read the chart identically to you. I see some staying power in this rally. Summer volumes are distorting the charts, however. There is a chance that 90 was a real bottom. Come the fall when volumes increase, it will be more clear if 90 was it. On the bullish side, I did not see panic selling on the way down. Most of the funds took some money off the table, but the small guys did not. The volume will lead the price. The 3 declining peaks from April to May were the classic downward triangle formation, but again the panic is not there to complete the formation.

To: Steeny who wrote (22797)	6/17/1999 6:46:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 41369

>>>>The 3 declining peaks from April to May were the classic downward triangle formation, but again the panic is not there to complete the formation.<<< Steeny, the baseline was broken enough to give a sell confirmation, however I have seen plenty of charts with bearish looking formations overcome by the raging bull -g- The several nutz reversed off resistance today, including aol, I'm flat now. check out ebay's angled h&s with the retest and reversed off the baseline today. The XCI has what is looking like a complex angled inverted H&S, which was marginally broken out of today, it would be hard to imagine a rally in the XCI without the internet, unless this is going to be a false breakout bull trap. MSFT broke out of it's 20 day band but no volume yet. bb