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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: Yojimbo who wrote (37652)	1/30/1999 3:34:00 AM
From: GST	Read Replies (2) of 164684

Yo -- <these things just move too fast for 200 days to mean anything> Put your charts away on this one Yo. I remember when we were at 180 and hovering -- I said we had hit the top and we had started a down trend -- said the trend was down and immediately got a reply saying there was 'support' at 160 -- you know why there was 'support'? Cause it had been there before and held for a whole day! By the time people realize 'there is no support' on this trip, it will be too late to get out. We did not bounce off support, we had two days of silly dancing around the 'earnings' report. Its a bubble, and its going to go like a balloon that got untied -- shooting up and around and then falling to the ground. No support and no pattern that will help you make much money playing it, and not like a yo yo that you can play by calling the places where it will bounce (I don't mean that you are a yo yo, Yo). It has an attractor all right, down with weird wiggles. But it is not going to bounce off support on the 50 day ma, or 100, or even 200 (although it will act even more weird down there).

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