Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.10

-1.4%

3:59 PM EST

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To: Bill Harmond who wrote (14840)	8/27/1998 5:16:00 PM
From: craig crawford	Read Replies (1) of 164684

>> I'm watching the 50-day at 115 which has been consistent support thru Amazon's entire advance. << Hmm...the Naz, S&P 500, and Dow all broke significantly below the 200 DMA. The S&P hasn't been below 200 DMA since summer of '96. The Nasdaq hasn't been below 200 DMA since Apr. '97 correction. Companies like Lucent and Intel couldn't even hold their 50 DMA. It will be interesting to see if AMZN can hold it's 50 DMA. I don't think it will.

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