Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: yard_man who wrote (35081)	12/9/1998 10:19:00 AM
From: Arik T.G.	Read Replies (4) of 94695

AMZN looks technically good as long as it remains over the 13 DMA (currently around 200). My personal opinion is of course that this company isn't worth a 10th of its market cap, but the market still thinks differently. Yesterday's selloff in the market was pretty dramatic, so I think we're going to test those lows today. I'm still ST bullish on the big techs- MSFT (140), CSCO (89) and new highs for the nuts, too, but INTC ST up move looks mature, so I wouldn't trust it anymore. ATG

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