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

AMZN 229.54

+0.2%

3:59 PM EST

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To: Don Westermeyer who wrote (12672)	8/5/1998 4:19:00 PM
From: Oeconomicus	Read Replies (1) of 164684

Don, it was programs, not dipsters that saved the market. The internuts, OTOH, were probably "saved" by a combination of dipsters and short covering, but the trend is still the friend of the bears, IMO. Both AMZN and YHOO bounced before reaching their 50 day MAs (by about 5 and 2 points, respectively I think), but in this market environment, I'd think they'd at least test that (if not the 200 day<G>). It ain't over yet. Bob

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