Urbane Gorilla!

Short Opportunity for Amazon

I check the fundies of everything I trade, but really, in this market, they just don't have much of a bearing. Right now, I prefer technicals.

I just looked at he daily chart of AMZN, and **if** our little rally continues through Obama's inauguration, then I'd expect to see the DOW and SP500 move up, as should AMZN. Actually.. That would be about the time that I'd expect the average investor to realize that the XMas numbers no longer apply and the large investors to be selling off their profits.

However, right now, on the daily chart, I do see a second attempt at the stochastic 80 mark, a revitalization of the MACD and another +DMI cross of the 50 line... Albeit with no major volume. However, seems to me there is upside till about $59 or $60, then a probable short entry..

Thanks for the heads up... I'll keep it on my radar..... jegan ;-)

Companies We Care About: Starbucks, Apple, Google, & Amazon

Well, yeah ! But when was the last time anyone 'Yahoo'd" something ... Google is ubiquitous .....And MSFT is just an annoying expense every year or so for no real benefit... Kinda like paying to do your taxes..

jegan ;-)

Data Dump: Tech Industry Statistics by the Numbers

2nd reference to touch-screens today.... HP is coming out with touch-screen tablets in the next 18 months... If we can get better battery life, that would be a nice little setup... I'd buy one...

jegan ;-)

Growth at Amazon Is Accelerating - Citi

I buy from Amazon because I can normally get the item cheaper than in the local stores and **Abracadabra** it appears on my doorstep 3 to 4 days later... Also, the reviews of the items can be illuminating and the alternate choices help make a good decision... Course, I'm not an impulse buyer. I think as life gets busier and as people become more connected to the Web thru their cellphones and PDAs etc, that the Amazon model will blossom. What's not to like....