SI
SI
discoversearch

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 : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?


To: prakash who wrote (7509)12/22/1997 2:47:00 PM
From: Jon Tara  Read Replies (1) | Respond to of 13925
 
Prakash, yea, Datek saved me from myself on AOL. :)

AOL is setting it's self up for a fall, though. It's already overbought, and is now in a chart pattern that almost guarantees a move to a new high. (Gapped up out of a flag.) It is going to be mega-overbought by the end of the week.

Hell, maybe I will go long AOL for the rest of the week. This week should bring a lot of small investor buying - I'd expect stocks with wide popular following and sentiment with small investors to do well this week.

Another GREAT theme that should play out over the next couple of weeks is the "traditional" end of year Y2K (Year 2000) rally. Admit that I haven't looked at these lately, but I am going to take a close look this evening. Most of these stocks are trash, but they should do well from now till, say, January 1. ;)