Amazon.com, Inc. (AMZN) Message Board

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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: rrufff who wrote (156468)	4/25/2003 7:22:29 PM
From: fedhead	Read Replies (1) of 164684

I would be careful about shorting AMZN. Today's breakout to new 52 week highs came on very strong volume. Even a bear like me can see that AMZN's chart is very bullish. The last time people claimed that AMZN was overvalued when it was hitting new highs was in 1999 and it went to 400. Wait for the stock to breakdown and short the first rally after the breakdown. It is insanity to short AMZN here. Anindo

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