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

To: Bill Harmond who wrote (57158)	5/17/1999 6:44:00 PM
From: Randy Ellingson	Respond to of 164685

Have you ever been stampeded at Pamplona? The stars circling your head move in an engulfing pattern.

To: Bill Harmond who wrote (57158)	5/17/1999 6:46:00 PM
From: pater tenebrarum	Read Replies (3) \| Respond to of 164685

William, an engulfing pattern means that the intraday low was lower than the previous day's intraday low and the intraday high higher than the previous day's intraday high. when this occurs in a downtrend, and the close is above the previous close, it is a very powerful bullish reversal signal. if you look closely at the AMZN chart, you will note that the recent downturn in fact started with a bearish engulfing pattern. regards, hb