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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (11206)	1/24/1998 1:04:00 PM
From: Michael L.	Respond to of 79566

<Good move on AMZN. Where ever did you get the idea that a rally in the stock was ending today?? >>ggggg<< > Doug, I like key reversals. When I see it, especially at the end of a good rally, I usually jump in. It works almost all the time. I used it in CADE. For now I do not see any indication that AMZN is getting weaker, just a technical play. Thinking to shift at list half of my positions to short to feel better in this market. Shorting PFT also. If PFT will start really go down it has a chance to go to 27, if it goes through next stop 25, if it goes through..., but I doubt that it'll happened. Watched GE closely, but finally decided to stay out - too expensive and I do not like small positions. Looks like ORCL is on a new rally down. To what level? AGPH is safe now for long position for 2-3 days to make quick bucks. Michael