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

To: GalSal who wrote (12326)	4/22/1999 5:01:00 PM
From: JungleCat	Read Replies (3) \| Respond to of 41369

Current price at 140 1/2 @ 16:55. Hope it's just an error !!

To: GalSal who wrote (12326)	4/22/1999 7:10:00 PM
From: Vendit™	Read Replies (3) \| Respond to of 41369

OT GalSal this is the open communication you asked for: I see the moving averages. If I may ask, how does on interpret them? askresearch.com Moving averages are made by taking today's closing price averaged with the number of days of previous closes and then this average is plotted as a line on a chart. So a 10 DMA is todays close averaged with the last 9 closing prices. And so on for a 50 DMA. When you use 2 separate DMA's as I did (10/50) this gives you one line that plots a faster more sensitive course called the fast line and a slower less volatile line the 50 DMA, called a slow line. When viewing the 2 together it gives you a feel where the stock is headed as well as support and resistance levels. AOL likes to use the 10 DMA as near term support and bounces off of it but when it breaks downward and through the 10 DMA it tends to go to the 50 DMA before it bounces back up. (support) The chart on the bottom, which you said to look at, puzzles me though. What do the two lines represent and how does a reading of them convert to further momentum? Those 2 lines are also moving averages. Compare the intersection of the 2 lines as they move up and down to the price direction of the stock. Look at this over and over and it will become apparent that when the black line rises from beneath and penetrates the green line the stock rises until this action is reversed in the upper part of that indicator. I am now waiting on MACD to signal and we will off to the races. I hope this has helped. Vendit