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

To: Alec Epting who wrote (812)	11/19/1997 11:43:00 PM
From: Peter Goss	Respond to of 164684

<<From the AMZN chart, is that right shoulder at 55? Would this be a good place to buy some puts? How long does it take to form?>> That would be the price area to look at; like all TA ideas the time frame is hard to pin down. It could be very fast or could drag out for a few weeks. If you are doing options instead of shorting this beast, give yourself some leeway on the time. Check out the LCOS chart for another textbook Head and Shoulders - it turned out to be pretty symmetrical. Good luck. Peter