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

AMZN 239.53

+2.2%

1:25 PM EST

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To: Lizzie Tudor who wrote (85372)	11/27/1999 12:04:00 PM
From: 16yearcycle	Read Replies (2) of 164684

Holy Cow is it getting ugly around here! I don't want to get in the way of any of this as all of the flame throwing looks appropriate to me. But, may I suggest everyone take a look at what appears to be an intermediate top we just went over.I would assume the market will now focus on bonds, the jobs report, and y2k. The water might get rough between now and the end of expiration week. I expect to be able to reload at that point for the next leg. The next best chance for a good run won't be until we back up to the 50 day on sunw, csco, jdsu, Q!, Ntap, EMC, etc. We are sooo far above it that it borders on the insane. It'll probaby take until February to run into it again. Yes, I still think YHOO will be much higher by earnings, but we need a pause now.

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