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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jimbo who wrote (14115)	9/7/1998 3:22:00 PM
From: Jeff Jordan	Read Replies (1) \| Respond to of 120523

Jim, I can't answer that....you have to watch the market and use your own judgement. I like a 15min candle chart when you see the long wick of the candle you know its running out of gas.... Like you saw on 9/2/98 on the chart below.... I'm not sure that will happen tomorrow since I'm hoping for a 2-3 day rally.... 207.95.154.130 I now use RT charting so it makes it easier. As this chart shows...AMZN is moving up. I think you should be looking at long positions! Go w/ the market. But yes, it appears to have good resistance @ 92. You may see inexperienced shorts covering tomorrow so it may move above 92, but most of them are pretty tough and determined when they smell blood.... Jeff