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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?


To: PAL who wrote (8750)3/11/1998 1:52:00 AM
From: LoLoLoLita  Read Replies (1) | Respond to of 13594
 
PAL,

OK, agree, (short AOL, ONSL, YHOO), but please tell me why
XCIT was up today because I want to short THAT ONE TOO, but
first want to know what's going on with it. Thanks.

David

P.S. i checked the SI XCIT forum but it was just a pep
rally urging each other to BUY MORE! But maybe that's
all i need to know ...



To: PAL who wrote (8750)3/11/1998 2:20:00 AM
From: RSAMBER  Read Replies (1) | Respond to of 13594
 
Good point. I also feel that we are having problems breaking past 126. I am not quite sure to make of this however. Could the events of the last week or so be a consolidation period and if so why not a breakout up up and away in the near future? Sure, there are lots of sound reasons why it should'nt happen---some of which are new and many of which existed 20+ points ago.
I would'nt think that we would crash prior to the split but then again since when have logic and AOL been closely associated?
Does anyone with more T.A. background see anything useful in the AOL chart???
Ron Samber