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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.540.0%1:55 PM EST

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To: Mark Fowler who wrote (12213)8/1/1998 1:47:00 AM
From: Randy C.  Read Replies (1) of 164684
 
Thought we'd have more selling pressure today with the Naz down 47 points. I'm getting an eerie feeling of dejavu here... This feels a lot like the way AMZN trended down in March. Volume is drying up, no panic selling... I'll remain short until we see this downward trend reversed but I have to say I'm disappointed in the strength of AMZN and YHOO today. Where are the sellers???
On a more positive note, we did see a double digit decline in AMZN share value this week. Sentiment is pretty poor right now, the broader markets should continue to trend downward next week. AOL earnings should be interesting...
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