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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST

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To: Bill Harmond who wrote (13309)8/12/1998 11:09:00 AM
From: Rob S.  Read Replies (4) of 164684
 
TA Stock Alert!

Key technical indicators are pointing to an end of the current technical rebound. A resistance level has been met and pressure from new interest in AMZN due to the tie-in with GeoCities' IPO should start diminishing today. I think the top of the rally has likely been seen but a momentary spurt up is still possible. Now is a good time to sell calls or sell short. I expect a retreat by the end of the day.
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