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Strategies & Market Trends : Candlestick Charting--The unknown indicator -- Ignore unavailable to you. Want to Upgrade?


To: Tom L. French who wrote (704)11/22/1997 1:46:00 PM
From: MonsieurGonzo  Read Replies (1) | Respond to of 1589
 
TomLF; RE:" AMZN - Short Now ?"

Naw man, you gotta act when you get a signal {grin}. AMZN went up, kinda weakly after falling from grace (I mean, no earnings at all, and the stock has been bid up on hopes and dreams so far), it made a Doji then it made a little bearish confirmation. The textbook says "short me, now", right?

The weekly chart on AMZN is more difficult for me to interpret, Tom. OK, so I've got ballz in one hand and money in the other (^_^) and I will post whether I hit AMZN with a hammer if I do it. BTW, they just started to list AMZN options last week, I believe. How convenient !

Let's find out what happens next. Good test, eh?

-Steve