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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 242.14+3.9%12:28 PM EST

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To: Candle stick who wrote (1536)2/11/1998 3:04:00 PM
From: Candle stick  Read Replies (1) of 164684
 
I am surprised AMZN has not made a move for the highs yet....you know I was looking at a chart of GUC, Gucci inc, for the period of April-July of last year when I was short....it kept bumping the top just like AMZN is , but it never could quite breakout. There was a lot of hype surrounding GUC at the time from Salomon Brothers......as you can see GUC fell to the low 30's since then....the charts really are very similiar.......have a look..

AMZN momentum is turning as I write this , breaking down back to the opening level. We could see a down day after all.........;^)
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