Amazon.com, Inc. (AMZN) Message Board

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

AMZN 239.12

+0.4%

Jan 16 9:30 AM EST

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To: Bill Harmond who wrote (35134)	1/16/1999 7:44:00 AM
From: dennis michael patterson	Read Replies (1) of 164684

I just checked timely.com The Thing came through the 15 DMA and might have touched the 200 DM: I cannot tell. Recently, it has bounced off the 15 day 4 or 5 times. When you look at last August, that 50 percent correction looks so small, obviously because the 15 and the 200 DMA are so close, unlike the present. My point was that it does not stay below the 15 DMA for any length of time. I think you make a valid point, however, that corrections in the thing can be severe. But, as you point out, The Thing does not stay down for long. The correction you mentioned lasted 24 days more or less. Look at where it went after that!

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