Amazon.com, Inc. (AMZN) Message Board

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

AMZN 230.84

-0.7%

Dec 31 3:59 PM EST

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To: Mike M who wrote (27705)	11/22/1998 7:15:00 PM
From: Rob S.	Read Replies (3) of 164684

A very good stock picking and forecasting service I subscribe to just put out and announcement that calls for profit taking - they point out several indicators including the fact that optimism has reached a point similar to previous market peaks plus TA indicators on the market. They think the market will reverse soon and that it is too risky to stay bullish, which they have been recently until now.

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