The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Matt G. who wrote (21026)	9/4/1998 12:19:00 PM
From: James Strauss	Read Replies (1) of 79449

AMZN... Matt: AMZN is drifting back towards the lows for the day and is down 1.00 at this time... A close below 79.00 in the days to come will knock the support out from under it... The next support is the 50.00 price area... On panic selling we could see an intraday dip into the 30's or 40's... Even at that price, with no earnings, it will be hard to convince investors to continue playing this game... Jim

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