Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.24

-1.3%

2:53 PM EST

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To: Rob S. who wrote (12824)	8/8/1998 11:22:00 AM
From: Glenn D. Rudolph	Read Replies (1) of 164684

General market weakness could cause AMZN to move down to the 90-95 level. It may take well into the fall for the drop to the 70 level, IMO. Rob, Your TA is typically quite accurate. I bought some OEX puts yesterday as a day trade anticipating a general market sell off late Friday afternoon. My basis for the sell off was all the violence around the world. I kept the puts since the sell off did not occur. What do you anticipate the general market to do early in the week? Thank you. Glenn

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