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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Mark Fowler who wrote (62670)6/15/1999 6:18:00 PM
From: Sam Citron  Read Replies (3) | Respond to of 164684
 
> usally [sic] more than the ave daily volume [is needed to signal a reversal]

I respectfully disagree. While high volume reversals typically accompany selling climax type reversals, these do not represent the majority of reversals.

See, for example, the low volume reversal last autumn in HLIT
tscn.com

In fact, the volume pattern over the last two days in AMZN is very similar to the last time AMZN reversed in mid-February from similar levels.

SC