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


To: Technician who wrote (10274)4/11/1999 10:58:00 PM
From: robert duke  Read Replies (1) | Respond to of 41369
 
I've learned that the hard way. It is true. Also I don't know what ot buy. I own AOL G RFMD GNET. All will be down . Should I buy more of these or add another like sun or cisco or lu or maybe emc. I don't know they are all good winners.



To: Technician who wrote (10274)4/11/1999 11:04:00 PM
From: PAL  Respond to of 41369
 
ONE SHOULD NEVER DO ANYTHING AT THE OPEN
SOME EXCEPTIONS BUT 98% OF TIME DON'T


Excellent advice. Especially do not place market order at the open on NASDAQ stocks.

Looking at GLOBEX futures and Asian markets, the opening bell will be ugly. But look at the percentage decline: around 2%. Taking the law of averages, if AOL follows that trend, that means that AOL woll be down 3 3/8 point to 156 1/2, and Dell will be down about 1 point.

As far as the culprit CPQ? Anybody's guess.

Sleep well everyone, the damage might not be as severe as people anticipate. This slight pullback might even be healthy for the market.
Remember look at the glass being half-full and not the other way.

Good Luck to All.

Paul