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


To: RocketMan who wrote (8227)3/28/1999 6:10:00 PM
From: Venditâ„¢  Respond to of 41369
 
As far as AOL goes, you are the expert on the charts, and as you said AOL likes to surf the 10 day MA, so we might see a slight pullback to the 115 area and some consolidation until we get to the internet earnings season. If internet earnings are good, AOL will run ahead of its own earnings.

What's your prediction?


I'm not going to do any charting until in the morning but I generally agree with all of your statements. The only exception that I have is the level of support. It's true the 10 DMA shows strong support for AOL but the lines average is more like $117 instead of $115. We would only reach that if something major happened like the 200 + drop last week in the DOW but of course I'm sure that you remember my trampoline chart.<g>

Vendit