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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.97-1.0%1:38 PM EST

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To: Mark Fowler who wrote (78687)9/27/1999 12:02:00 AM
From: H James Morris  Read Replies (1) of 164684
 
Mark, why don't you cut out the bull shit. Get to the quick.
Tell us what your gut feels, and quite trying to pretend that your Einstein. Do you want me to get into E=MC2?
>>Olu- Spx shows a reversal stick on reversal volume down on the support line of the a broadening symmetrical triangle line. I'd watch intra for strength and reversal on most of the indices, especially the Dow, to confirm on monday. If so a rally back up to lower symmetrical triangle line from which it broke down last week, that'll be bullish and back on track. Then it'll have the 50dma to deal with. So far the broadening symmetrical lines have been support and resistance on this Index. IIX has been in a rising wedge pattern so it'll be interesting if it'll break down or up as we move into the apex i think it just might break upward this time if the T-bond doesn't technically breakdown. The T-bond broke through its major down trend line on a bullish stick friday. My gut says we'll rally for a day or two, or maybe more if the T-bond breaks through 115.75. good luck..
Ps
Stick to luck!
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