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


To: dennis michael patterson who wrote (20897)5/6/1999 8:25:00 AM
From: bill jenkins  Read Replies (2) | Respond to of 42787
 
Dennis, i also like ATHM for today...now, here goes some questionable(remember, i am still very new to TA)...ATHM has some resistance because of a gap dowm about a week ago at 155..but if it gets over that...looks like 169....then way up @200....i'm thinking of buying this am...market permitting.... would you please comment on this TA...remember yesterday, i said all this may be through muddy glasses



To: dennis michael patterson who wrote (20897)5/6/1999 8:26:00 AM
From: Electric  Read Replies (1) | Respond to of 42787
 
dennis,

The reason for the sell off yesterday was more in relation to the Legg Mason comments I saw. A fund manager mentioned that AOL is overvalued due to other stocks in similar sectors. With a PE still near 200 I agree with him.

This news came out near the open yesterday, that was all I saw that could have caused the stock to drop.

If another analyst/fund manager makes comments then we might see that 100 level I was talking about..

Good rebound yesterday, that was very refreshing..

Take care.