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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 238.63-1.8%3:59 PM EST

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To: slipnsip who wrote (6439)6/17/1998 4:30:00 PM
From: gbh  Read Replies (1) of 164685
 
What factors you guys looking at to help call the top?? Hate to miss a 20 point down day... That would really bum me out..

I am also boxed (and down 5 points). I will wait out this feeding frenzy. I doubt the 20 point day (if it comes) will start out with a gap up like today. And it certainly won't happen after being up 7-8 midday. The 20 point day will almost certainly be preceded by some bad news. So there should be a gap down at market open. Who knows how much 5,10,15,20 ... points. If you really want to have exposure that day, I'm afraid you cannot be boxed. I'm willing to give up that that day (the battle, if you will), in order to win the war.

Gary
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