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

To: Glenn D. Rudolph who wrote (10543)	7/15/1998 10:11:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 164684

I watch chart patterns. I am particularly fond of symetrical indecision patterns. These patterns are suppose to resolve themselves in the direction of the trend, and I usually bet more in that direction. Stocks move up or down and then go in consolidation patterns, where the volume dries up near the end point, Thats the point of DECISION. I buy puts and calls and place stops on each. The internets move so much that I have been able to make a profit on the move to make up for my stop loss on the wrong side. Sometime this strategy backfires, because the stock vasilates out of the indecision pattern in both direction a breaks both stops. NO EASY SOLUTION! bb