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To: The Freep who wrote (5259)6/18/2001 12:39:44 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
Slow start around here on Mondays Freep, bit I'll pass on your thanks.

I am having a hard time with the AOL count but it has a H&S with a $49 neckline.



To: The Freep who wrote (5259)6/18/2001 12:54:30 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
Re AOL: don't know about EW counts, but otherwise: holding above 200-day SMA, with 50-day having crossed above 200-day, and 20-day above 50-day. In addition, may be far-fetched, but action last 8-9 months seems to have traced out a huge inverted Head & Shoulders - with volume meeting all the classic requirements - and RSI & Stochastics currently in position to support a rally. ... Anyhoo -- would say well worth watching for a good move in the event of a general summer rally anytime soon...



To: The Freep who wrote (5259)6/18/2001 5:02:53 PM
From: skinowski  Respond to of 209892
 
AOL: I don't like the stock, but... to answer a challenge... ;-)

The stock made a higher low in early April, follwed by an impulsive rally. The retracement from the recent high in late May occured (so far) in 3 waves. Something bullish seems to be likely to happen.

Having said that, the entire action since the low in January may turn out be an ABC correction of a larger downtrend.