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Strategies & Market Trends : Charts With An Attitude; Trading In & Out

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To: Dave H who wrote (4365)	12/20/1997 4:27:00 AM
From: Doug R	of 4701

Dave, AMZN 3 day RSI trick: The only time AMZN has accomplished this trick is on 7/18. The "hitch up" in the RSI was on 7/15 after peaking on the 10th. The price went from 26 1/4 to 30 5/8 in 8 trading days. The recent RSI peak on 12/8 is not high enough to remove the majority of uncertainty. The break in the peak to hitch downtrend today looks very promising though. Doug R

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