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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

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To: BubbaFred who wrote (3016)	12/29/1998 12:56:00 AM
From: Jon K.	Read Replies (1) of 99985

>>I expect an excellent chance for a 100 pt one day drop in AMZN. << excellent chance? yes. 100 pt. one day drop? Probably not. I would go for 50 pt. max./day. Anyway, today was the first time I traded a stock without doing any research at all. SKYM almost ten folded in 3 days, I figured it had to come down some. (By the time I did all my research, this stock could have lost half of its value). I still don't know what this company does. So the moral is: TA works FA sucks on internut stocks!

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