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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 239.06+0.4%Jan 16 3:59 PM EST

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To: Jan Crawley who wrote (34069)1/10/1999 4:26:00 PM
From: Rob S.  Read Replies (1) of 164684
 
Jan & all: the TA for Amazon looks spectacularly bearish! This pig is heading down with the only thing possibly to stall the retreat being Yahoo!'s earnings and cc. That will need to be incredibly rosy to prevent the collapse and probably won't be enough regardless. The TA indicators and the tea leaves are lined up pointing in only one direction - down! I think also that market enthusiasm will quickly dissappear as the stock gets knocked quickly off it pedestal. The run for the exists could trun spectacular at some point.
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