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

AMZN 233.95

+0.3%

Dec 1 3:59 PM EST

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To: IceShark who wrote (16030)	9/4/1998 1:01:00 AM
From: umbro	Read Replies (2) of 164684

Ice Shark notes: That will be a neat trick if you are referring to US markets Actually, I meant this past Monday, and the subsequent slightly lower low on Tuesday. Right now, the S&P is about 985. The Mon/Tues low, about 950 (a little lower, actually). On 8/31 we saw a spike up in 52 week new lows, but have since backed off (fewer new lows). If Mon/Tues was the bottom, the spike in new lows is about as good as it gets. So, "tradeable" means stay long, with a 950 stop loss.

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