Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Bridge Player who wrote (29056)	8/10/1999 12:57:00 PM
From: Gold Beach	Read Replies (1) \| Respond to of 41369

It is beginning to look like Rarebird is an optimist.

To: Bridge Player who wrote (29056)	8/10/1999 1:43:00 PM
From: Steve Robinett	Read Replies (1) \| Respond to of 41369

Bridge, You're right about the general market, the S&P is kissing its 200 DMA and a break through it would get all the technicians chittering like monkeys on a peanut farm. Personally, I'm targeting the Sept/Oct time frame as tailor-made for a big-time sell-off, the traditional fall in the Fall with echos of 1929 & 1987 plus Y2k hysteria. I would guess we get a rally before that, however, a short-term oversold bear market rally. As for AOL, I think it bottomed short-term in the mid-70s last Thursday and should rally up to the 90-100 range, also a bear-market rally. After all, AOL is already about 14% below its 200 DMA at about 93.75 and short-term very oversold. Best, --Steve