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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Mao II who wrote (3143)12/16/1998 10:54:00 AM
From: Don Pueblo  Read Replies (1) of 90042
 
I usually don't touch AMZN. It has a habit of going 5 points against me when I blink. When CNBC announced at 9:31 that Oppenheimer had boosted their target to 400, I figured that anybody that was short from yesterday would be forced out. I didn't think I'd scrape 15 points, though. I got lucky on the SEEK trade.

Watch for a Joe Kernan special today.

My charts tell me that this rally is much weaker than it appears, but I'm so friggin' gun-shy right now that I'm taking my money and standing aside.
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