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

AMZN 222.55

-4.4%

3:59 PM EST

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To: HG who wrote (56481)	5/12/1999 7:00:00 PM
From: 16yearcycle	Read Replies (4) of 164684

if the general pattern follows again, we need to retest the lows of last week once or twice. I think they'll hold, so I will step into the drop somewhat and the wait for the rebound for the rest. It is a long time until yahoo's earn, but I expect that the bottom is either already in or will be in no later than the first few days of June. My approach will be to then hold until about 7/7 again, and then get out of the nets again. It could easily be different this time. Bonds could strengthen causing a rally that is sustained from now until July. Msft could do something interesting; it is pretty low and could lead a broad tech rally. But I am prepared for a dip, if I am so fortunate. From the bottoms last week, I think the rally will be a minimum of 60% higher. Just my wild a#* guesses.

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