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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.99-1.1%3:59 PM EST

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To: Glenn D. Rudolph who wrote (62094)6/12/1999 12:15:00 PM
From: Tradegod  Read Replies (1) of 164684
 
Glenn, what a head fake AMZN's Thursday afternoon's rally was.

This battle for leadership is interesting. Over the last month, it's been YHOO who has led the rallies. Then this week AMZN stepped up. One things for sure, AOL looks week relatively speaking. Completely gave away the Judge's rally, last Friday. Amzn on the other hand was 10 bucks higher yesterday morning than last Friday's close.

I'm doing some analysis right now to hedge with. The internets are the place to make money over the next few weeks up or down. I'm looking at weakening 9 day relative strengths of stocks that haven't corrected as much as some of the others. First pass, EBAY, DCLK CMGI, VDAT, CNCX, SONE.
These are still above their 200 day moving average, below 60 day MA, RS in the 30's and may test the 200 like the others have. Your thoughts?
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