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


To: DOUG H who wrote (27806)8/3/1999 10:32:00 AM
From: Boplicity  Read Replies (3) | Respond to of 41369
 
He could huff the sterno that might help him.

massive selling of AOL but it holds at 90. A good sign.

Greg



To: DOUG H who wrote (27806)8/3/1999 4:32:00 PM
From: Rarebird  Read Replies (3) | Respond to of 41369
 
There are 164 new lows today vs a mere 26 new highs.
Also, advances over declines are 2 to 1.

That spells B-E-A-R__M-A-R-K-E-T in any language.

Moreover, T-Bonds are on the day's lows - down 16/32cds

But wait until the panic hits the Day-Traders, when margin calls start hitting them. The accelerating decline will literally feed on itself. It'll be a feeding frenzy.

Most of today's investors have never ever suffered a real bear market. Furthermore, the cash level of nearly all mutual funds is at an all-time low. Once a sharp drop hits the market, the legion of mutual funds will dump shares au masse to build liquidity to meet rapidly mounting redemptions. BTW, most mutual fund mangers were still in High-School during the last serious Bear market in 1987.

Wake up AOL Bulls! The Stock Market does not give you Entitlements.

PS I see that the AOl Martyrs on this thread have no other recourse but to attack the messenger because they cannot refute the message!