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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Michel Bera who wrote (10298)7/14/1998 9:51:00 AM
From: Rob S.  Read Replies (2) | Respond to of 164684
 
AMZN's rise late yesterday looks like a fake rally; Amazonianuts.com is trailing off after a short move up. Well see if the move above 100 can hold or it draws out the sellers willing to take profits before the continued slide.

IMO, this may be the next best opportunity recently to cash in before the fall.

Go Amazonianuts.com!!! Rally to 120?!!!



To: Michel Bera who wrote (10298)7/14/1998 9:58:00 AM
From: PblcSrvnt  Respond to of 164684
 
Michel,

Do you find that a single EMA works for you most of the time? I myself find that shorter term doubles(13/26 standard; I use 7/14) work best if I'm closing my ears and eyes and relying solely on T.A. Would be curious to hear some anecdotal evidence where this has been a successful technique. As you know, T.A. intrinsically contains the self-fullfilling, herd-mentally, psychological advantage; it works because a lot of people do it. That is my rational for the 7/14; beat em by a day or two...

Good Luck!

Lee