Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.88

-0.8%

3:59 PM EST

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To: CoffeePot who wrote (27993)	11/24/1998 10:09:00 AM
From: Rob S.	Read Replies (1) of 164684

You timed it perfectly. My guess in my post yesterday is looking good so far this morning despite the news that Amazon negotiated a deal for selling music on MSN. The TA said the stock had finally reached the zenith it had on July 17th - about as high as the indicators would go, and all indicators lined up bearish. It is very unusual for ALL indicators to line up bearish on a stock but is maybe the only time to short Amazon. Shorting this stock on the way up is a painfull experience.

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