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

To: fedhead who wrote (106400)	7/25/2000 1:38:53 PM
From: Rob S.	Respond to of 164684

Doesn't look like you got a response . . . so I'll volunteer: Both these stocks (SONS & NUAN) have very short histories by which to do technical analysis. Obviously the most striking feature of both is the steep and largely uninterrupted rise in these stocks. The momentum indicators are, of course, glowingly bullish. Very short-term, both these stocks are trading at the upper end of their trend channels. This may soon lead to some profit taking as the stocks will tend to correct back toward the slope line. Sooner or latter all great ramps run out of steam. I have no judgment on how much these stocks are "worth" and where they may eventually end up. The best way to judge when to lock in gains is to watch the daily price trend. If the stock closes bellow the 3-4 day moving average two or more days in a row, take profits immediately. If the stock returns to the upside, buy it back. Yes, this may mean you are trading in and out, but it is the only way for now (until more determinant chart patterns emerge) to get out before a major correction.