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To: Dale Baker who wrote (6516)	5/25/1999 5:36:00 AM
From: B Tate	Read Replies (1) \| Respond to of 118717

In a nutshell breaking the bottom line of a channel is more important in an uptrend and vice versa. AOL - was in an uptrend from Oct., tested 2 times in Feb. and nearly broke it in Mar. but got back above quickly. Broke the trend in April and rebounded briefly. The downtrend started in early April (before the breakdown) and is now the top of a sym. tri. Now at the bottom line of a large Sym. Tri. (yesterday's close was right on it.) If it breaks down the measurement is 60 with 90 almost a given. (assumes mkt stays down overall) CGMI - Still in the uptrend from Oct. ( to break the uptrend it would have to get below about 140 in the next wk or so. Currently just breaking down from a sym. tri with a measurement to 100. support in the 183 area (apex of a sym. tri.) and the 120 area (previous spike highs) - again depends on what Mr. mkt says. I would probably be a buyer of AOL in the low 90s and for sure at 60+. Same for CGMI at 183, 120 and 100 for sure. hope it helps