Amazon.com, Inc. (AMZN) Message Board

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

AMZN 222.55

-4.4%

3:59 PM EST

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To: Lizzie Tudor who wrote (49572)	4/8/1999 6:19:00 PM
From: bobby beara	of 164684

Michelle, these charts are vertical - blow-off stage, although I misread the reversals, i believe we are within just a few trading days from a major internet top. I had expected what is called an island reversal on RNWK, but it looks to go higher. When you see a day that these stocks open up and close well below the price bar of the preceding day (called a bearish engulfing candlestick) you should be wary of a reversal. too much talk about buying internets at any price could mean we are near some sort of top, could be a top of the same significance of the 1/11 top. I bought ebay on the breakout of the flag today, but will probably sell into the strength tommorrow. jmo.

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