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


To: gpowell who wrote (37446)1/12/2000 3:40:00 PM
From: Rob S.  Respond to of 41369
 
Did you say fundamental(s)? What does that have to do with investing? The "charts don't lie". Good, bad, or indifferent, it all gets factored into the mechanics of TA. News, of course, can effect a stock's price, but once the news has been widely dispersed it is quickly factored into the price of the stock. The news on AOL is "out there" to the point of making me sick - enough already! The market specialists, hedge funds and better institutions are quick to formulate opinions and react. Whatever. It's only my opinion but the TA and recent price action look to me that we are now at the stage that the downside has already been plundered (short term) and the stock will trend up. There is a lot I don't like about AOL (what a friggin' smeg of an ISP!) but I do think it will pop soon.