Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.37

-0.9%

Dec 3 3:59 PM EST

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To: Bill Harmond who wrote (14834)	8/27/1998 4:49:00 PM
From: Raiders	Read Replies (2) of 164684

Hi William, We really cannot tell what is happening beneath these internet stocks. The maybe a rally sitting here or we could be heading down even more. But my gut feeling is that these stocks are heading much much lower. Well Amazon did break its 14 and 7 day moving average and will go and test its 200 and 100 day moving average which is at 90 and i think 65. There will be a test of 90 and will happen in the next two weeks. So I am kind of bearish on the stock, I maybe wrong so only time will tell. Good Luck to all the folks on this thread. Raiders

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