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

To: Glenn D. Rudolph who wrote (15528)	5/7/1999 8:34:00 AM
From: Luis	Read Replies (2) \| Respond to of 41369

glenn numbers are good are good thanks god regards luis

To: Glenn D. Rudolph who wrote (15528)	5/7/1999 8:35:00 AM
From: Annette	Respond to of 41369

Unemployment rate 4.3%

To: Glenn D. Rudolph who wrote (15528)	5/7/1999 8:35:00 AM
From: Steeny	Read Replies (2) \| Respond to of 41369

The unemployment # came out as expected. The most important part is the wage growth is WEAKER than expected, most important part. Bonds and stocks will RALLY.

To: Glenn D. Rudolph who wrote (15528)	5/7/1999 9:03:00 AM
From: Steeny	Read Replies (3) \| Respond to of 41369

There is never universal agreement. However, trendlines are the most simple and widely used of all TA. If you study charts, you will see that all good companies develop trendlines and tend to gravitate toward them. Good stocks rarely break their trend line(of course it does happen), but the panic selling in AOL is unjustified until the trend line really snaps. I wouldn't be surprised to see AOL hug the line for a while until we get some big news like a cable strategy, etc. Be warned though, a close below 115, especially on heavy volume for more than one day, would signal a down-move..