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


To: H James Morris who wrote (10125)5/28/1998 8:21:00 PM
From: FuzzFace  Read Replies (1) | Respond to of 13594
 
Just got my userid/password for free ISP service from Tritium, ( tritium.net ). If this service is any good at all, it could be significant competition to AOL. After all, why pay for your ISP if someone is giving it away? I will install it and post my experiences with it this weekend.



To: H James Morris who wrote (10125)5/29/1998 7:28:00 AM
From: Mike Hagerty  Respond to of 13594
 
From P&F thread-- Looking for a drop in AOL

So Jan,

AOL's high of the day (Thursday) is(so far) 84 and the low 80 3/4. With this rally, would this be a point to buy puts on AOL?

Barbara

From: P&F-Madness Thursday, May 28 1998 1:53PM ET
Reply # of 3269

Hi Barbara,
Yes, this is a reversal up and could be a good entry. Your stop is 91, a double top break.



To: H James Morris who wrote (10125)5/29/1998 7:34:00 AM
From: Mike Hagerty  Read Replies (1) | Respond to of 13594
 
More from P&F thread:

From: P&F-Madness Thursday, May 28 1998 10:16AM ET
Reply # of 3269

Hi Mike,
The 76 area is the last area of resistance for AOL before it moved up sharply. The last point to which it was sold off (before the run up) is 71. I cut the chart off a little so it is hard to see but the two O's at 71 are a double bottom. This is the next support area.
If you look at the O's I highlighted in yesterdays move, you will see they moved passed support at 81. It has broken two support areas, a triple bottom and a double bottom at 81.

The X's and O's show where the market is willing to buy and to sell to, the stock.
AOL is in a precarious position with its next support being so low. This also means you have no close stop point.

Take care,

Jan I am

(Below is chart that Jan's referring to)

From: P&F-Madness Thursday, May 28 1998 12:53AM ET
Reply # of 3270

Here is AOL:

92 X
91 X X O
90 ------------------------------------------------X O X O X --------
89 X O X O X O X
88 X O X O X O X O
87 X O X O X O X O
86 X O O O X O
85 ------------------------------------------------X --------O X O --
84 X O X O
83 5 O X O
82 X O O
81 X O
80 ------------------------------------------------X ------------OTodays action
79 X
78 X
77 X Med
76 X X
75 ------------------------------------X --X O ----X ----------------
74 X O X O X X
73 4 O X O X O X
72 X O X O X O X
71 X O X O O <--Next support