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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 244.41+0.5%3:59 PM EST

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To: Robert Rose who wrote (90021)1/8/2000 1:35:00 AM
From: Rob S.  Read Replies (1) of 164684
 
I'll have a look. I mostly play stocks based on the technical analysis and only look at the fundamentals for signs of a trend. Even though I favor good traditional fundamentals, that is not what tends to move these days.

I was right about AMZN this time. The over-sold condition was true of YHOO and others - even more pronounced bounce in many. I think these will bounce around for a while but the lows for the immediate period are probably set. I think as we get past the earnings pre-announce period that the bias will return to the upside. Amazon has probably seen it's highs for the year - months ago I thought it would reach a high in the new year but the move happened early. Anyway, I managed to make a little profit in a few stocks today. Everything in my portfolio and all except for one day trade were up. I wish every day could be like today - I'd buy an island and get satelite service to the Internet!
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