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


To: Steeny who wrote (18616)5/26/1999 10:53:00 AM
From: Boplicity  Respond to of 41369
 
Looking at CSCO.

G



To: Steeny who wrote (18616)5/26/1999 12:22:00 PM
From: KY  Read Replies (1) | Respond to of 41369
 
Steeny,

You mentioned before you thought you were seeing a descending triangle. With the break of 112, I clearly see it now...and now the chart looks really ugly.

IMHO, even if we go up from here, we must test today's lows before reaching new highs.

Looking at the other key nets -- YHOO and AMZN -- they are approaching or touching their 200 dmas. Of the bunch, it looks like AOL and CMGI have been the last to completely falter...they still have a ways to go before they get to their 200 dmas.

Think this is a fake out...a litte more downside needed.

KY