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

To: Annette who wrote (17385)	5/17/1999 4:09:00 PM
From: Aljorma	Read Replies (1) \| Respond to of 41369

What's happened? Don't see any news to create this swing up. Great move. Maybe I should leave for the day more often. Aljorma

To: Annette who wrote (17385)	5/17/1999 4:26:00 PM
From: Steeny	Read Replies (3) \| Respond to of 41369

Some TA: We have recaptured the 50 dma on respectable volume. The next target is the 25 dma at about 138. There is still heavy resistance between 140-145(lots of shorts there and the spot where a lot of longs got stopped out on the way down). This will be a real test. The chart looks bearish until we get through there on good volume. It still looks like we are consolidating. IMO, the 140-145 zone will not be easy. The analyst meeting could provide the boost we need. If we blast through there, we are looking at a rapid run to 158(top of our channel). MACD and stochoastics both looking like we've seen the bootom. Stochoastics finally pointing up. Stochoastics are extremely accurate in AOL. Have not been wrong in the past year. Downside, 132 or so will be somewhat supportive(50dma), The trend line is now at 120 or so. Surprises from the Fed wil blow out 132 though. Cautiously optimistic. Be careful. If Case disappoints us, AOL will get killed. The chart still shows 3 receding highs on weakening volume. he needs to come through huge to get us through to 146 and beyond.