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Strategies & Market Trends : Candlestick Charting--The unknown indicator

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To: MonsieurGonzo who wrote (690)	11/22/1997 10:27:00 AM
From: Tom L. French	Read Replies (1) of 1589

Steve Yeah it would be nice if MSFT would push up agin, but (and first let me say I haven't been paying much attention recently... I like the drillers) I don't think it will. Lots of negative press, and windows 98 is a minor upgrade on the one hand; but on the other NT is clearly gaining power in the bact office... but then again it's not going to be big enough to really drive earnings anytime soon. Now AMZN is more interesting in a way. I doubt it's going up much more either, but I'd never bet against a hot stock. Trading it yes--it has lots of volatility which is good if you want to ride it up and down. That doji the other day is bearish for the recent uptrend that shows on a daily chart. But I don't know this stock. At some point a good short is probably in the cards. TomLF

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