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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.19-1.8%Dec 12 9:30 AM EST

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To: McNabb Brothers who wrote (19074)9/29/1998 5:38:00 PM
From: Gil Gilbertson  Read Replies (1) of 164684
 
Amzn completed its distribution pattern today. After making
a round top early in Sept, it plunged only to make the second
assault on the 120 mark. Huge vol came in at 119+ to make a
mini head and shoulders followed by a major selloff to 113.

If I have ever seen a top out, this is it . Tomorrow will tell
especially if we gap down . Any neg news whatsoever and it will
create a route. The big money having squeezed out all the
amateurs , now owns the shorts and they dont lose ...
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