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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Suresh who wrote (15670)	4/24/1998 11:43:00 AM
From: Clint E.	Respond to of 68357

Suresh, notice how the net stocks are strong as NAZ is weak. The pattern continues....NAZ's nuts and bolts are coming loose. The next stop is at 1852. Obviously, they will first try to test 1870. Clint

To: Suresh who wrote (15670)	4/24/1998 3:46:00 PM
From: Clint E.	Respond to of 68357

Possible reversal in PSFT. Covered and now long at 46-9/16...Clint

To: Suresh who wrote (15670)	4/24/1998 5:06:00 PM
From: Clint E.	Read Replies (1) \| Respond to of 68357

Suresh, Bulls should get one more chance at this market early next week. A bullish scenario for Monday would be a quick drop to 1863ish in the 1st 30 mins of opening followed by a move above 1872. We can reverse into shorting by next thurs again. Clint

To: Suresh who wrote (15670)	4/27/1998 7:08:00 PM
From: Clint E.	Read Replies (2) \| Respond to of 68357

Suresh, did you do anything with AMZN? I am in at 80-1/4 and they reported after the close....Sequential numbers look good but I honestly don't know how to value this stock. You know how I feel about earnings play so I hope this won't be my last one. I am preparing myself for either 70 or 90 or both! But, I will be very surprised to see them drop it. With such huge revenue increase, I am sure analysts will get behind the stock and push it higher. As long as there is growth, these guys push stocks. CPWR will be either tomorrow or the day after. This is another earnings play that I am hoping it will pay off. Clint Amazon.com (AMZN) 82 3/4 -2 1/8: internet book retailer declares 2-for-1 stock split. Reports Q1 loss of $0.40 a share vs a yr-ago loss of $0.16. Revenues rose 446% to $87.4 mln from year-ago level of $16 mln. Analysts were expecting red-ink of $0.47 a share. Company also announces the acquisition of three Internet companies; will incur charges of $55 mln related to acquisitions...