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


To: freeus who wrote (16172)5/10/1999 12:32:00 AM
From: billkirn  Respond to of 41369
 
freeus: If you are lucky the stock could rise maybe to 130 or so. At that moment I strongly suggest you sell and wait until it finds a base. If you still like it at that time you could invest then. I think margin is very dangerous at this time. Of course no one can really predict the future but at this moment I think the odds are not in favor of a major upward move for AOL any time soon. Bill



To: freeus who wrote (16172)5/10/1999 1:34:00 AM
From: gc  Read Replies (2) | Respond to of 41369
 
Freeus, don't be scared by the shorts. Looks like we will bounce off the second bottom tomorrow. If that's case, we have a double bottom formation.



To: freeus who wrote (16172)5/10/1999 5:09:00 PM
From: Sabrejet  Read Replies (1) | Respond to of 41369
 
That number I guesstimate will be about 90 or so when that time comes. Today's action was welcomed but somewhat predictable. It is now sitting at it's 50 dma but the retracement does not mean much, mid-term. It made a great trading move for the day traders today. I still see a move down. With volume drying up and the upside in the market capped by interest rates, it will only be a matter of time. But, again, I don't see us below that 200 dma. If you are long now, I would discount the move relative to the capital gains and make a decision.

I will be buying more no matter what at the 200 dma.

sz