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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.52+0.1%Dec 26 9:30 AM EST

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To: Czechsinthemail who wrote (576)10/28/1997 12:05:00 PM
From: Candle stick  Read Replies (2) of 164684
 
NOW IS THE TIME TO SHORT AGAIN! The bottom will eventually be 30 dollars in my opinion, and right NOW is the time to sell short AMZN....12 noon on Tuesday Oct. 28th.......this retrace up is nothing more than that, a retrace in an already technically broken stock....with the market overall so badly damaged noone will be interested to hold high fliers like AMZN and they will all be looking for these bounces to lock up gains for the year....56 1/2 was the high today after a 9 point drop yesterday.....9 points!!!! That is very indicative of the underlying weakness in the stock........todays bounce is just that, a corrective bounce and I think most of it will evaporate before the close today....stock is currently 55 1/4 and I think your upside risk is vitually nothing, in my humble opinion....I am short again today, after having caught the first drop down from 55 to 45 a few weeks ago......now I am back for the big decline! Best of luck to all.........;^)
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