Amazon.com, Inc. (AMZN) Message Board

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

AMZN 234.70

-1.2%

Nov 14 9:30 AM EST

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To: timmask who wrote (35425)	1/19/1999 10:47:00 AM
From: Cosmo Daisey	Read Replies (1) of 164684

Tim, AMZN is in a downtrend and has been for several days and probably will see continued erosion of the price. The turn around was the day some shorts announced they were giving up their position. Amateur investors are usually wrong so I took that as a sell signal, the price was 176 +/- and has moved sharply down. The road to the bottom isn't straight and rallys will take place but caution is advised here if you are long. If you are a trader then it's an opportunity to take some money out of the market. Coz

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