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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: GST who wrote (62067)6/11/1999 11:05:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
GST,

It seems like you have jet-lag from crossing the Pacific.

How can the bond yield go up so much when US government is reducing its debt sales. They are not replacing all the bonds that mature. And all the state governments are running surpluses. Corporate treasuries are bursting with cash. Only consumer debt is increasing.



To: GST who wrote (62067)6/12/1999 12:19:00 AM
From: Mark Fowler  Respond to of 164684
 
An AMZN close below its 200 day ma would be a big blow<<

NO, not necessarily i would say at least two closes below or one close below on better than average volume.

There is concern out there<<

Yes there's concern and i'm saying watch it... Amzn, Yhoo looked to be headed to retest lows again and Aol is likely headed to 90 -85 range. And a lot of these indices have H&S patterns and if the necklines don't hold their going too. That's why i'm saying be careful and know your support and resistance lines.

I am looking for 6.25 next week <<

That could be a possibility most people i talk to think that is where the 30yr. will top out for this yr.