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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: JB who wrote (536)6/3/1999 5:45:00 PM
From: Venditâ„¢  Read Replies (1) | Respond to of 19374
 
Hi Jack,

This is how I see things as of the moment. AOL has strong support at the $105 level and has had for some time. If $105 is broken to the downside then $90 is possible but some extremely good support is there.

We have got a couple of weeks left until earnings begin so it is possible for AOL to drift between $105 and $120 in a sideways pattern for the next 2 weeks while we await the earnings.

The general market has kept stocks from reacting in a normal fashion when a buy signal is seen just as it has done for AOL the last 3 signals and as Robert saw today with GNET that had a picture perfect buy signal at close yesterday.

This will pass soon enough and in the mean time I will feel good about owning both AOL and YHOO because they are the blue chips of the net.

Nice to hear from you as always,

Vendit