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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 250.34+2.4%9:46 AM EST

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To: puborectalis who wrote (28771)12/3/1998 2:00:00 AM
From: Mark Fowler  Read Replies (1) of 164684
 
Short term I do not expect the equity markets to sustain upside momentum, but rather to continue to digest the sharp gains of the last two months. IMO, this decline is not over, so be prepared for more weakness as the market works its way back into oversold territory. In the long run this is a healthy development and should provide an excellent buying opportunity near term. Support on Amzn at 174. ;-)
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