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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Druss who wrote (2792)	2/11/1998 10:51:00 PM
From: Candle stick	Respond to of 18691

**IMPORTANT*(AMZN) If you have been following my call that January 23 was a reversal engulfing top for AMZN, it is still INTACT. In order for this signal to be negated AMZN must close above 64 1/8....it failed to do that today. The top is still in place if you follow the charts. I added to my short position at the end of the day. Another form 144 indicating more insider selling to come was filed yesterday. I still strongly believe the next major trend to develop in AMZN will be down. More important. Todays action formed what is called in Candle stick charts a gravestone doji. This is extremely** important. The forte of this signal is in calling tops. The definition of a gravestone doji is as follows.: Market opens on the low, rallies to new highs for the current move and then closes the open (also the low of the day) on good volume. This is exactly what happened today. Even more important: It did this after and engulfing reversal top was formed on Jan. 23. Today is, IMHO, definitely confirmation that the top is in place for AMZN. Good luck everybody.........;^)

To: Druss who wrote (2792)	2/12/1998 7:15:00 AM
From: Hawkmoon	Respond to of 18691

Druss, Bill is rumour mongering. TPRO will be announcing earnings on the 13th, follow by a conference call on the 17th because of the long holiday. This is all BillW. has been alluding to. Everyone in TPRO is more interested in the conference call than the earnings since this should be the last quarter in which reorganization costs should be factored in thus setting the stage for Y2K remediation revenues. If the stock goes, I'll just buy more of it. I'm looking at $30-40 by the end of the year. Frankly, I don't care how volatile the trip is in getting there.... <wink> Regards, Ron