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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.76+1.0%9:31 AM EST
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To: Olu Emuleomo who wrote (118902)2/28/2001 6:29:55 PM
From: microhoogle!  Read Replies (1) of 164684
 
Olu,
I am not a chartist. Looking at a decade long of Nasdaq charts, my gut tells me that 1700 Nasdaq is reasonable at this point of time. With economy in recession, I would say 1400.
But time will tell how strong my gut indicator is ;)

PS: I think it will be very tough to push Nasdaq below 2000. Now is my gut hypothesis in sync with that of your TA?
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