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To: Berney who wrote (5170)1/23/1999 3:43:00 AM
From: MonsieurGonzo  Respond to of 11051
 
TB; RE:" AMZN "

>Now then, I'm curious what you based that call on...

I could see the candlestick on 21-JAN was forming a doji hammer that filled a gap just under 100 and then stabilised at an apprent horizontal support level on the chart; It's a 50% drop from 200; Everyone was talking about "shorting the internet stocks"...

...looked to me like the ideal time to skin dat cat dot com.

...not the best stox for position traders like us, Berney.

>After considerable thought, I'll take the 5% I got on BLS...

Well you did a lot better (with real money) than me this week, dude. I was a spectator, and the only thing I did was buy 100s each of SGP+SWY @ 106.5 at 2 o'clock on Friday.

Trying something new... I have a composite SGP+SWY chart and I'm trading two stocks as if they were one position, using their sum prices/volume, candlesticks, MA, etc. At the CLOSE, I was down 1/2 (^_^)

They both report earnings next week.

Else, I did the same thing that Tommy, DJ and JT did - "steady as she goes, captain" with the CORE. I reduced leverage last week, so there was not a heluva lot more to do. I think you had a lot more fun than any of us this week, dude.

-Steve