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


To: Challo Jeregy who wrote (20180)3/28/1999 1:51:00 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 42787
 
Challo,
If you look at the P&F chart for AOL (any box size), you will notice that it likes to move up on to a high pole, pull back and consolidate a little and then move to another high pole. The pull back has happened and the support is at $116 (I'm sure that you already know this). My point being that it is not too unlikely that we would see $116 again, but it would have to be one hell of a selloff to get to $90.

Of course, I could be blinded by subjectivity since I am playing AOL calls right now.

Are you playing FORE for the takeover? Also, look at PTEN. Quad top break on Friday.

JXM



To: Challo Jeregy who wrote (20180)3/28/1999 9:43:00 AM
From: dennis michael patterson  Read Replies (1) | Respond to of 42787
 
All I know is that the 9 month cycle high is around 9 April. We will start going down as early as Weds of this week. I think this pullback will be quite severe. And Peggy sold, so that is a RED ALARM!! AOL will go below 110, but not by much, I fear. I will have an order in at 109 and hope!



To: Challo Jeregy who wrote (20180)3/28/1999 12:09:00 PM
From: dj8000  Read Replies (1) | Respond to of 42787
 
consider the newly created NASDAQ 100 tracking index QQQ.

DJ