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

AMZN 229.10

-1.4%

Dec 4 3:59 PM EST

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To: Jay8088 who wrote (20236)	10/6/1998 1:47:00 AM
From: Jay8088	Read Replies (1) of 164684

Changed rumour... Rather than opening low tomorrow, the key level to watch maybe DJIA 7,550. Hourly chart shows 4-5 bottoms at that level. If that level breaks, the market could really tank.. - hopefully taking the 'thing' down! Short term, the market could rally but I think that 7,750 level would be breached either on Wed or Thur (or late Tues??- Turnaround Tuesday!). If so, with YHOO's good earnings report out, there is no reason why anyone should hold these overpriced issues in this treacherous market. This may be the time that key necklines get broken (AMZN 101, YHOO 112. These shares could really plunge afterwards. First towards 70 level and then lower (late this month?) Once again, these are pure guesses. -Perma bear with worthless Oct puts in hallucinatory dreams.

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