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


To: Steeny who wrote (22897)6/17/1999 4:24:00 PM
From: Jenne  Read Replies (2) | Respond to of 41369
 
I think the sell off at the close was due to some analysts remarks that came out at exactly the time of the selling that they perceived AG will take back all 3 interest rate cuts. This is still a nervous market, but the bonds look good .. confidence takes time.



To: Steeny who wrote (22897)6/17/1999 4:40:00 PM
From: Novacal  Read Replies (3) | Respond to of 41369
 
Steeny,

AOL closed slightly above its 100 EMA. I agree with you about next resistant levels.

1. The Money flow index (13) is still sidelining and has not formed a bullish uptrend.

2. The volume for the last up three days are less than for the previous three down days and also today volume ended up less than yesterday.

I would say although we are getting out of down trend, we need more volume to establish a real uptrend.

Nova



To: Steeny who wrote (22897)6/17/1999 4:50:00 PM
From: Bridge Player  Read Replies (1) | Respond to of 41369
 
Steeny, I also want to weigh in as appreciative of your posts. It has been a pleasure to read them and those of a few others on this board who are neither always bullish nor always bearish, no cheerleading, who are thoughtful and objective about AOL, either on technical or fundamental grounds. Thanks for your contributions.

BP