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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.52+0.1%Dec 26 9:30 AM EST
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To: Rob S. who wrote (45031)3/10/1999 12:17:00 PM
From: Sarmad Y. Hermiz  Read Replies (2) of 164684
 
Rob,

>> The MACD and some other indicators show mid-term weakness.

Throw your charts in the trash. Mary Meeker is next. Her previous statement on amzn was that 25% drop was healthy. Apparently health is restored. Remember, she always follow Blodgett by 2 or 3 days. That will be probably Friday or Monday. I think she will join the chorus. After that surge, you can think about selling. But then there is Q1 and the hoopla associated with that.
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