Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.10

-1.4%

3:59 PM EST

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To: Oeconomicus who wrote (12191)	7/31/1998 6:56:00 PM
From: umbro	Read Replies (2) of 164684

Buschman says, " The Datek margin issue may have been a computer glitch." Too bad, I love a good conspiracy theory. :) By the way, AMZN has been more/less shadowing the Nasdaq composite recently, and I was surprised that AMZN didn't sell off more on such a weak day for the NASDAQ. It is true that AMZN didn't quite break above the down trend line, but if you're a bear, you better stay awake, because a break above today's high (115 1/2) would be bullish. There's stil someone out there who is willing to step up and buy AMZN in the 109 area. That was the support level a week/two ago, and seemed to hold today.

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