Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Cymeed who wrote (9467)	2/6/1999 1:15:00 PM
From: RockyBalboa	Read Replies (1) of 122087

Cy, looked different ones but the internuts tell the most. YHOO (who not?). After the $250 haven't been broken.. it got very bullish again. Maybe it makes a touchdown near 300-315. If it holds...WAY up to go. Sure with GCTY on and maybe other aquisitions it's getting more and more heavy. Compare the January action with the price action to the $97 at Oct 8th and following days and near $185 around 1-7/Dec 98. Downside only if $300 is broken consistently. See action between 24/Aug to 1/Sept 98. AMZN: Compare with the charts back in July 6-July 20 but also Mid-September to Oct 8th. Short-Term up to 150-165 possible if it does not violate the $105-110 line again. The "AMZN bottom print" is missing, though. Downside only if it goes to 100 consistently (not only a print but a close or more) then the next support is at ...$62-64). I would buy any strength and sell/short near $180. A big gamble. (Disclosure: At YHOO @185 and the various AMZN upgrades I got an outright long of those ones..., they delivered, see Roger's short picks thread in December). For many laughs... read techstocks.com Speaking of bubbles, fundamentally nothing changed to the year back. Biz' is growing at an enormous pace, and earnings (or maybe any bond redemptions...) still aren't an issue yet, at least not at AMZN. The strong first tiers should pull the whole market with them for awhile. The only shorts (also as hedging measures) I see are the way overvalued and technically broken E-Financials. Short EGRP, AMTD and maybe SCH. C.

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