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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

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To: dennis michael patterson who wrote (27882)	9/29/1999 3:58:00 PM
From: pater tenebrarum	Read Replies (2) of 99985

Dennis, i also buy lots of books and sometimes i use AMZN. mostly though i go to a small book store in Vienna by the name of Shakespeare's Book Sellers...i like the atmosphere and pay premium prices for that luxury <G>. btw, i bought some AMZN puts today, just for the heck of it...it looked a bit like a blow-off to me, the volume was some 75 million today. that usually has marked tops. i'm already ahead a bit, but i acknowledge that many people will probably interpret today's action in the stock differently (i.e."break-out"). we'll see...even if it's a valid breakout i expect a bit of a pullback is in the offing. regards, hb

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