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


To: Hawk who wrote (9230)4/1/1998 10:52:00 PM
From: Bob Kimball  Respond to of 13594
 
Suffering bears... If no interest in E-Wave, don't read this.

One Ewave guideline which is reliable is the notion of channeling, or parallel trendlines between wave tops and wave bottoms. Because of AOL's rocket rally, you really have to use a log scale chart. On log scale, AOL just breached one upper channel line going back to 12/96, and is within a hair of touching the upper line for the current rally from 12/97. When this happens you can count on a correction. Now the question is how big of a correction?

Do I hear 56? Lower?



To: Hawk who wrote (9230)4/2/1998 2:22:00 PM
From: Bald Man from Mars  Read Replies (1) | Respond to of 13594
 
<<Oops, I guess they have to raise their price target tomorrow.
It just go to show you that this is just a stupid game these analyst
are playing.>>

The first internet stock to fall is Security Dynamics ...
So, sit back and enjoy the fall when it comes,
I will short this dude (actually this stud) again when
it closes below its 25 day moving average, and not a day
or a point before, and believe me, the day will come when
it suffers a 35% haircut ...