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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: ChinuSFO who wrote (7131)3/19/1999 9:07:00 AM
From: Vendit™  Respond to of 41369
 
What do you predict?

I can't really answer that until I have a completed AOL chart in front of me after the market closes today. I can also do the same type of analysis on the DJIA if you want.

I remember how long it took for the DOW to stabilize after it reached the 9000 mark last year. It seemed as though it would never establish a base above the 9000 mark but it finally did after several months so a Monday drop would not surprise me for the DOW nor would a sideways move for AOL.



To: ChinuSFO who wrote (7131)3/19/1999 9:50:00 AM
From: Roger  Read Replies (2) | Respond to of 41369
 
Eager and willing to buy AOL at 102-105 - I predict some analyst will suddenly wake up next week and say the stock is ahead of itself (up over 50% in < 2 weeks, high PE, blah, blah, blah). Not to be a party pooper - just want to present a contrarian point of view.

Recall the time before the addition to the S&P - it did what it is doing now - then went lower to 130 range.

What do you think guys?


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