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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 210.32-5.6%Feb 6 9:30 AM EST

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To: Jan Crawley who wrote (22305)10/20/1998 10:13:00 AM
From: Jay8088  Read Replies (1) of 164685
 
Well, I think you have to be fast in this kind of market. I guess now the key question is whether we are witnessing strengthening of 'new cycle' as the bubblemeister puts it. The breadth this morning is certainly impressive. However this is also 'turnaround Tuesday'. Maybe too many people expect that and the market could punch thru. Who knows? But there is some important resistance at 8650. If the market goes over it we are in a major bubbletime, I am afraid.
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