The large cap leaders of this bull phase -- APPL AND AMZN --
should outperform on the downside. Looking for a trigger having
missed the kick-back to the 50 day MA this morning.
AMZN logically stopped at the 50 day MA and has been lagging
since Dec like many of the big cap stocks, which BTW was big red
flag before the market dumped. For AMZN, targets would be 110
and the 200 day MA over time
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AMZN -- ANOTHER SWING SHORT IDEA
Posted by puma on 29th of Jan 2010 at 03:47 pm
The large cap leaders of this bull phase -- APPL AND AMZN -- should outperform on the downside. Looking for a trigger having missed the kick-back to the 50 day MA this morning.
I agree I took a
Posted by searay on 30th of Jan 2010 at 04:58 pm
I agree I took a short position friday.
Great call. target?
Posted by safadig on 1st of Feb 2010 at 10:57 am
Great call. target?
AMZN logically stopped at the
Posted by matt on 1st of Feb 2010 at 11:03 am
AMZN logically stopped at the 50 day MA and has been lagging since Dec like many of the big cap stocks, which BTW was big red flag before the market dumped. For AMZN, targets would be 110 and the 200 day MA over time