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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 247.35+0.4%Jan 9 9:30 AM EST

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To: buckeye3d who wrote (1540)2/11/1998 9:43:00 PM
From: Candle stick  Read Replies (1) of 164684
 
Alex, think what you want I don't care. AMZN made a "gravestone doji" today...this is the single most powerful top signal that exists in candle stick charting. On January 23 there was an engulfing top which I pointed out was the TOP. So far we have yet to close above it (64 1/8). I will be the first to cover my short if the signal fails.

Now add in the fact that the insiders are starting to file form 144's, registrations to sell their stock, and you have what I have been saying all along ....THE TOP.

I am not trying to scare anyone. The charts are dictating what I am saying. And I believe in them completely. All I am trying to do is point it out to as many people as possible. Anything to help the cause...and my cause is to see AMZN drop because I am short. I don't see anyone telling the RAH RAH longs to shut up and stop telling everyone to buy at these ridiculous levels. Remember, there is money to be made BOTH ways, up and down.....if you don't like my posts, just skip over them.

AMZN is going lower! The charts signal is the best I have seen yet. That doesn't mean it is infallible. Just a very high confidence trade in my opinion..best of luck to all as always....;^)
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