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

To: Charger who wrote (11228)	9/8/1998 4:44:00 PM
From: Steve Robinett	Respond to of 13594

Charger, <<I will guess that the left shoulder is a bump up, rides up the neck, forms a cap at the head, and then comes down the other side? Is that what that term means?>> That's about it. The theory is that if it breaks the neckline (in AOL's case, at about $80), you get a big drop. If it doesn't break the neckline, the neckline becomes major support. So much for TA theory. In fact, fundamental rule in the long run and AOL's fundamentals have been discounted well into the 21st Century. I was just trying to draw some of the TA guys into a conversation. Best, --Steve

To: Charger who wrote (11228)	9/8/1998 7:39:00 PM
From: jhg_in_kc	Read Replies (2) \| Respond to of 13594

SIX CROWS ON A WIRE, HEAD AND SHOULDERS yes, that is a head and shoulders. indicates a market top. a upside down headandshoulders indicates market bottom. that's whats happening now. the thing to watch out for is crows on a wire, an indication of a churning market just before it goes off the cliff. there were six crows on a wire in late june and early july in the dow jones. of course, i think all of this gibberish (g) TO ALL: I am a new owner of aol, in at 88 last week. I am pleased. Any views on how high this stock will go in a year?