Rob S, concerning your TA
This is probably too big of a project, and your time is probably too limited, but please consider the following:
Many (including myself) have judged that AMZN's share price is just too unpredictable to entice them to try trading the stock. It could be very helpful for the traders if you or somebody else systematically looked back on your or some other TA predictions and scored how they turned out. It may not be possible to apply a quantitative model retrospectively. If not, maybe from here on forward it would be interesting. Make predictions in terms of 5 or 10 point increments, and express your confidence in terms like +2, +1, 0, -1, -2 (very bullish, mildly bullish, neutral, mildly and very bearish).
This could be valuable for you and others if it shows either extreme--that TA seems to really work, or that the stock defies TA. In the former case, it implies that a substantial amount of invested money is following the rules of TA. In the latter case, that few investors are using TA.
Granted it is a lot of work, but some traders have a lot at stake here.
Best Regards from the bullish side,
Tom D |
