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


To: Sonny McWilliams who wrote (18777)5/26/1999 8:41:00 PM
From: puborectalis  Read Replies (1) | Respond to of 41369
 
Mary Meeker has lost all credibility with me.She has succumbed to the pressures of daily trading,lacks conviction and now we must turn to ML's Blodgett.



To: Sonny McWilliams who wrote (18777)5/26/1999 8:59:00 PM
From: Brian Malloy  Read Replies (2) | Respond to of 41369
 
Hi Sonny,

Remember the old saying when the last Bear throws in the towel its time to Sell.

Today was a case of when the most quoted inet Bull throws in the towel (saying 20% more to the downside), Buy.

We will see what the rest of the week brings. Today was one of the best bear traps I have ever seen. The suckers took the bait last Friday during options expiration. Thought they had confirmation on Monday (A Brianism: don't sell on the Monday following a down Options Expiration - you'll be wrong about 80% of the time). They were lured in this morning and around 10:30 AM the trap was sprung.
One day chart. finance.yahoo.com

Not saying it will happen right away. But AOL has room to $160 and I would not be surprised to see us there in June.

Regards,

PS. I had spaghetti with bear sauce for dinner ;-)



To: Sonny McWilliams who wrote (18777)5/27/1999 5:22:00 AM
From: Jimbo  Read Replies (1) | Respond to of 41369
 
Meeker needs to choose her words carefully - she carries a lot of weight in the Net community.