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

To: Olu Emuleomo who wrote (47436)	3/26/1999 8:11:00 AM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 164684

Olu, >> Actually, all we need from AMZN is a close* above 140 (on strong vol, say 12m+), and we are probably clear for 170+. That will put us above the 130-140 range. N'est pas?* << You are a scientific sort of person, so you'll not mind my saying this. The TA methods you are using for amzn have been wrong about 10 times in a row. Why do you have so much confidence this time ? You were also very confident last time amzn went to 142. Just as a reminder. Your TA signals as you posted: Sold at 132. Got back in at 136 Did not sell at 142 twice. Saw it run down to 114. Probably did not buy then. Now back where you were twice before. On the other hand, by applying a different view of amzn, my method told me to buy when you sold. To sell and short both times when you held at 140. Then covered and went long at the recent low of 117s. Also we had a little dispute about what the trading range will be. You said clearly it was 130 to 140. I said 120 to 140. When it went below 130 you said 130 became resistance. All of these signals have been wrong. Shouldn't your method account for these non-confirmations ? Please accept this as friendly discussion. No personal attack is meant. I am more interested in trading amzn properly than in insulting anyone. I hope we can all learn from each other.