SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: robert duke who wrote (19578)6/2/1999 10:52:00 AM
From: Charlie Bryant  Read Replies (1) | Respond to of 41369
 
This is getting really ugly. I can't imagine what 1929 felt like.

Um, the Dow is down about 1% so far today. This isn't last October, much less 1929. Take a deep breath, maybe?



To: robert duke who wrote (19578)6/2/1999 10:57:00 AM
From: HECTOR RUBERT  Read Replies (1) | Respond to of 41369
 
Dear Robert, AOL selling on weak volume is a good sign!

Many are holding and weaker hands are selling. This is called washing a stock. Washings are often followed by rallies. There is great institutional buying interest on this stock.

Patience will be your best strategy. Greenspan will be speaking today at 1:pm. World markets are shaky. EURO is at an old time low. I believe a fed tightening will be a mistake. If purchasing is slowed so will imports which will kill any recovery by our international partners.

Greenspan's monetary policy must think beyond our borders since any action will affect the world markets' recovery.

Best Regards,

Hector