Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: RocketMan who wrote (14645)	5/4/1999 4:02:00 PM
From: Vendit™	Read Replies (2) \| Respond to of 41369

Now let's see if this support level is going hold. I think it look good and strong.

To: RocketMan who wrote (14645)	5/4/1999 4:13:00 PM
From: Steeny	Respond to of 41369

125 represents the 50 day MA and the lower end of the wedge we are in. It should hold major support. Most likely, if we close there, we will trade back up. The long-term trend line is at about 117 at the moment. The 100 day ma is at about 100 right now. The move out of high p/e continues. There are 3 major fundamentals right now. 1.The shareholder meeting may hold good news. 2.The bond's selloff and rise in yields is worrisome. Unemployment # on Friday is one of the biggest #s in a while. Could lead the market either way. 3. Move away from high pe continues. This is expected in a move toward higher rates.