Amazon.com, Inc. (AMZN) Message Board

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

AMZN 247.35

+0.4%

Jan 9 9:30 AM EST

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To: Bill Harmond who wrote (17856)	9/22/1998 4:40:00 PM
From: Gil Gilbertson	Read Replies (1) of 164684

Amazon failed an important technical test today as it tried to climb above resistance at 91. When the move failed many people threw in the towel to get what they could before tomorrows open. There will probably be negative commentary overnite. I stopped out at 88.75 There are hundreds of investors trapped only 10 points up the ladder, the risk reward is no longer there.

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