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

AMZN 239.16

+2.1%

Jan 23 9:30 AM EST

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To: Klinger who wrote (20784)	10/8/1998 2:25:00 PM
From: craig crawford	Read Replies (3) of 164684

Yes, I am in no hurry. The market always tries to mount a comeback between 2:15-2:45. It's the quality of the rally that makes me decide what to do. Even if DELL bottomed out at 40 3/4, it should re-test, since it broke to new lows in this decline. I don't feel like covering for now because I think I will get another chance to cover and go long on a re-test, and that's only if we don't go further down. I think we eventually go lower, it's just a matter if we do it quickly now or have another lame rally first. P.S. I'm not sure I even want to buy DELL anyway. I might be leaning more towards C$CO or INTC.

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