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


To: Steve Robinett who wrote (24120)6/26/1999 1:51:00 PM
From: Teresa Lo  Read Replies (1) | Respond to of 41369
 
For SI, my analysis has to be objective and impartial since I do not know the positions of those reading the post. One must see all the possibilities.

I would only produce specific advice if the party that I am dealing with already has a position. In general, longs will undoubtedly want AOL to hold but should know the downside. Shorts will stay for a test of the low but should know the upside. Then there are those that straddle, which is cool too.

I would not have to give the link if SI had facilities to post charts. I have already posted this to the "wish list" as instructed by SI Admin. With regard to "spamming" when one is stating his/her opinion by making an on-topic post with supporting charts, please check out Message 10105773

Thanks for the criticism - it gave me a chance to clarify how one should use the analysis. And don't forget to have a great weekend!



To: Steve Robinett who wrote (24120)6/26/1999 2:05:00 PM
From: yu  Read Replies (1) | Respond to of 41369
 
Personally, I found his comments educational.
All scenarios were given targets, it really depends on how you
use the information. It can be very powerful if you watch
the market behavior carefully when the mentioned targets are hit.
I happen to be watching the exact same support/resistance lines.
My wife jumped in and bought based on the reversed H/S scenario
but I wanted to wait AOL retest the 89 recent low support.
And we did the arguing even before his post came out. So this
helped us to solidify our thoughts and expectations on this trade.
And I did not pay his one single dime.

yu