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To: Howard Hoffman who wrote (19904)	2/10/1999 2:57:00 AM
From: Bill Harmond	Read Replies (1) \| Respond to of 27307

I don't see a left shoulder for Amazon: There's no symmetry, and most important, no volume.

To: Howard Hoffman who wrote (19904)	2/10/1999 2:58:00 AM
From: SkyDart	Read Replies (1) \| Respond to of 27307

You are right that by strict definition a downsloping neckline is not required; However, in my experience when you do not require this criteria you get many false alarms. Another example: If you do not require a downsloping neckline, then you could describe AMZN as a Head and Shoulders pattern NOW: But by these same criteria, you would have also described the June/July 1998 pattern as the same; Head and Shoulders, and could have been burned badly had you shorted there [Short at 30: False Head and Shoulders: Cover at 190: Ouch!!] My strategy if wrong: First I take a small position; don't bet the farm. Second, If I feel I misjudged, I immediately sell half the position. Then I monitor closely with mental stops. What's your strategy for puts or shorting YHOO? How do you keep from losing in a short squeeze? Dart

To: Howard Hoffman who wrote (19904)	2/10/1999 7:21:00 AM
From: Impristine	Respond to of 27307

e-tradeahead was not a technical problem, e-tradeahead was pulling the plug, e-tradeahead was running for the hills, to the sound of music, before the hills, were alive, e-tradeahead was all in the grand scheme, of things, i just hope that infestors will not rot out the core of etradeahead,

To: Howard Hoffman who wrote (19904)	2/10/1999 8:47:00 PM
From: Matthew L. Jones	Read Replies (1) \| Respond to of 27307

Howard, Good points. How much of the "correction" do you think is the result of the "talking heads" analysts on CNBC predicting a "correction" and the first down day scaring the longs out of the market (no buyers). As I watch the quotes and the up momentum stalls, the bids all start getting lifted in droves. When it finishes its freefall, the buyers start tip-toing back in in 100 lots at first, then larger orders eventually follow. I personally believe that YHOO broke its first support level (50 day average) and fell to the -2% std dev lower bollinger band ($128 3/4) and rebounded. I expect it to range slowly upward tomorrow until the media finds something positive to blame for a rebound rally into the weekend. I'm calling for a near term top for YHOO of 196! Within a week or so. I don't buy the meltdown argument nor a major deflation until possibly the 3rd quarter. We'll see. Matt