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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 244.41

+0.6%

Nov 7 9:30 AM EST

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To: Glenn D. Rudolph who wrote (69020)	7/22/1999 9:15:00 PM
From: Mark Fowler	Read Replies (4) of 164684

do not believe it is time to worry yet. The fall should be strong. If it is not, then it really is time to worry.<< Glenn Amzn could come back to 89 - 92 ...i mentioned to Olu yesterday about that rising wedge pattern on Amzn and the IIX. This really needs to hold here, there's more support at 284 but the with the rising wedge pattern i don't know if it will. I wouldn't be buying anything here yet until indices catch support Ndx and Sox has been leading here and if they don't hold supports then Ndx will go right down to 2200 area and Sox next support to 450 area. I think it's good that your not margined Glenn -- smart.

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