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

To: isdsms who wrote (26069)7/20/1999 10:23:00 AM
From: larry  Respond to of 41369
 
Nasdaq has rallied to 2850-2900, the target for many traders. Earning season is about to over, which usually is followed by massive selloff. it used to be that DELL will provide a decent cushion for us, but DELL is no longer DELL. Summer rally is over the day MSFT reports. IF you want to buy AOL, why not get it 10-20% cheaper than its current value in the near future? The issue is not bottomed out yet.

larry



To: isdsms who wrote (26069)7/20/1999 10:25:00 AM
From: larry  Respond to of 41369
 
BTW, AOL's chart looks very ugly. Daily chart shows lower low, lower high. Long term chart showing nice head and shoulder formation. Sell into every rally until it's bottomed out.

larry



To: isdsms who wrote (26069)7/20/1999 10:36:00 AM
From: Ed Forrest  Read Replies (1) | Respond to of 41369
 
>>Interest rate trend is down. Stocks don't go down in that environment.<<

Ira
I agree but based on the past 2 days action,the market doesn't.Its all about "Waiting for Greenspin".


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