Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (10939)	6/29/1998 7:08:00 PM
From: Sonki	Read Replies (2) \| Respond to of 42787

AFTER THE BELL-AOL falls on news of trade...is this such a big deal? NEW YORK, June 29 (Reuters) - Shares of America Online fell 1-3/8 in after-hours trade after the world's largest online service said it would offer around $500 million of its common stock in a block trade. The Dulles, Va. company's stock traded at 103-1/2 after the bell, down 1-3/8 on from an unofficial close of 104-7/8 on the Nasdaq exchange. America Online, a bellwether for Internet stocks, did not give a reason for the block trade. The company currently has 216.2 million shares outstanding. The company said the shares for the block trade would come from its universal shelf registration that was filed June 16. The New York Stock Exchange said session one trading was 781,200 compared with 918,100 shares during Friday's session one. Session two volume was 19.86 million, compared with 1.78 million during the previous session.

To: Judy who wrote (10939)	6/29/1998 7:44:00 PM
From: Chris	Read Replies (1) \| Respond to of 42787

assuming AOL falls down, it will be my exit signal if 9 day ema is broken. as of today's data, i would be still in a buy signal. news cannot skew the technicals, but today's price action would be "warning". ie: mkt was rallying, but AOL down. im also watching SUNW. i fear something is wrong. CSS II: Analysis of AMERICA ONLINE (AOL) Reviewed on 6/29/98 ************************** High: 109.750 Low: 103.250 Close: 103.250 Change: -4.500 (-4.1763%) Volume Today: 5,092,400 shares. On 6/29/98, AMERICA ONLINE closed down -4.5000 at 103.2500 on volume 22.81% above average. ************************** Summary: Moving Averages AMERICA ONLINE closed at: 103.250 The close is currently Below its 5 period exponential moving average (104.2087). The close is currently Above its 9 period exponential moving average (101.4043). The close is currently Above its 21 period exponential moving average (95.0704). The close is currently Above its 50 period exponential moving average(86.9587). The close is currently Above its 200 period exponential moving average (63.3862).