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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.90+0.4%3:59 PM EST

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To: Glenn D. Rudolph who wrote (13881)8/18/1998 10:51:00 AM
From: Tenpole  Read Replies (1) of 164684
 
Glenn,

A couple of possibilities spring to mind:

1 - The burst today walks into a wall of sellers and drifts off in moderate volume (possible but I'd like to see it trading around 122 - right now at 123 1/2). A good sign for this will be if it ends the second hour around 123 1/4 and then moves lower in the third hour.

2 - It keeps on going up to about 126-8, making a glorious Morning Star and setting up a run on the previous highs.

Gonna be a fun day...

T
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