Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: H James Morris who wrote (20195)	10/5/1998 11:31:00 PM
From: e. boolean	Read Replies (1) of 164684

>>there is something holding it up and I can't understand it. The behavior may be difficult to understand, but it does not seem difficult to characterize. Maybe Rob S. or someone more versed in TA can pin it down exactly for us. Key points today for the NZMA/DJIA tag team were 1:20 low, 2:50 volume push, and 3:50 high. (times appox.) For the past few weeks, NZMA has tracked the DJIA in lockstep with a bias to the upside. Today NZMA held up almost as well as the DJIA, but not quite. It is amazing that there is almost no noise in this behavior, as if there were no discrete decision makers following any other influences than the DJIA. YHOO earnings could cause the two to decouple from the DJIA, but I am guessing that the DJIA effect will be borne out as the stronger one. Any rallies there will have a miraculous uplifting effect, which will be attributed to the latest puff piece in the news. And, conversely, a DJIA breakdown will probably mean the latest short squeeze party is over. Then those brown chips will be more easily distinguished from the blue ones! JMHO e.b.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next