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Technology Stocks : AMAZON.COM -- WORLD LARGEST BOOKSTORE

AMZN 231.18

+0.8%

12:25 PM EDT

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To: Chi Ligh who wrote (24)	5/19/1997 1:10:00 PM
From: Candle stick	of 43

Barnes and Noble(BKS) put in a very good top on 05/16/97 and should BE SHORTED at this time..........I trade based on candlestick charts and everything points to a dark cloud cover formation at the end of last week....in addition this turn around signal occured while trading outside the bollinger bands, and with stocastics above 80, an over bought condition.....with the arrival of AMZN posing a competitive threat(in addition to serious competition from Borders group already) Barnes and Noble appears to me to have no where left to go but DOWN.....by the way, wont there be a price war starting at this point cutting into BKS margins?........;^)

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