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


To: Marvin Mansky who wrote (27298)7/28/1999 8:54:00 PM
From: DR. BOND  Respond to of 41369
 
Today was a very important day psychologicaly for most large cap internet names.

But one day does not break a trend line. AOL needs to trade above 109 before this downtrend is broken. Unfortunately, summer months are weak times for internet stocks.

I wouldn't pop the champagne corks yet.

Good Luck to ALL,

Dr. Bond

PS. I was long AOL most of the day, but opted not to go long before tomorrow's economic report. Although AOL did close on it's high which is very bullish for tomorrow barring any bad economic news.