Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.55

+0.2%

Dec 5 9:30 AM EST

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To: M. Frank Greiffenstein who wrote (22179)	10/19/1998 1:45:00 PM
From: Olu Emuleomo	Read Replies (2) of 164684

Check out Gary Smith's thoughts on AMZN chart at.... Frank, I respect Gary Smith. But I cant short AMZN until AMZN does what it has NOT done in the past 2 yrs. ie CLOSE UNDER its 200 day EMA. We seem to have vanquished $100. Now watch $110. A reversal can happen at any of these key points. $100, $110, $120. Like I previously said; a close over $120 is unlikely, but it is trouble for the SHORTS if it ever happens. A close under $100 is suspect. A close under 200day EMA (currently $79) is a license to short. --Olu E.

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