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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (2894)7/8/1998 9:33:00 PM
From: yard_man  Read Replies (1) | Respond to of 5676
 
Seems reasonable to me, bobby. One last soaring spike up before the big one. Lift off for how long -- 1 week, 2?



To: bobby beara who wrote (2894)7/12/1998 10:09:00 AM
From: Arik T.G.  Read Replies (1) | Respond to of 5676
 
BB,

Re: T/A for YHOO and AMZN

YHOO -

One day H&S at the peak resulted in reaching the exact target of 175 (neckline 191), which wasn't breached since. Stock is currently in trading range 180-200.
Positive- 175 held, Softbank buying.
Negative - Reversal on the good news, from a gap up in the morning to a nasty break in the last 1/2 hr.
I expect up tomorrow testing 190 area. But if it trades under friday's low it's on SELL again.

AMZN -

Could be 12 days H&S pattern, could be chaotic top.
I'm under strong impression that this was top, and if it reaches 125 i'll be on it for the ride down. Down tomorrow could mean $60 in a few days, and then correction up.

I'm more more bearish on AMZN cause it looks like top to me, while not sure about YHOO.
Maybe tomorrow the sector will stop acting so uniformly.

ATG