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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.91-0.8%3:59 PM EST

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To: GST who wrote (134097)11/2/2001 11:14:19 AM
From: Oeconomicus  Read Replies (1) of 164684
 
Yes, all around weak numbers this morning. Market's holding up surprisingly well, though.

Re overhead resistance, there's room for 10% on the upside before bumping the 200-day. Made a run for it in January and May, but then that was before everything changed. March/April low is right on top of us, too.

Need to see stats that aren't getting worse at a quickening pace, that inflection point where the slope stats flattening out. Today's numbers show October's steepening that resulted from 9/11. November's numbers could/should look mild by comparison.

Bob
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