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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.38+0.1%Dec 24 12:59 PM EST

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To: Rob S. who wrote (15137)8/28/1998 6:19:00 PM
From: craig crawford  Read Replies (1) of 164684
 
Ok, after covering AMZN at 108 1/2, I reshorted at 108 9/16. Then I shorted more at 108 3/4. Covered it all at 108, and was disgusted to see AMZN drop to 105 area. I shorted twice before the close with my average around 105 3/8.

Anyone remember that tv game show Press Your Luck? That's what I feel like I am doing shorting AMZN after a 30 point drop in the last few days. Internets looked really weak. AOL couldn't rally in the face of positive news. AMZN couldn't hold it's 50 DMA. 100 DMA is around 91 I believe. I think we can have more downside.

No whammies! No whammies! No whammies!
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