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

To: Robert Rose who wrote (62287)	6/14/1999 2:10:00 AM
From: Mark Fowler	Respond to of 164684

mark, as you know, I respect you for your market calls a great deal. So I am asking for some pointed advice. If you have not been following ebay, feel free to pass.<< Robert i respect your views as much-- I think on ebay it will weaken with the rest, an amazing stock though, i commend you and Willaim and Doug Fowler for picking Ebay. Now on Ebay you'll have to take this in steps. Your stop should be right above the gap, 50 ema. There are two H&S patterns developing on this stock. The first neck line is a major support at 145 -150 . Now if this is taken out it with a bang, it would be a good time to go short. Then the next support would be at 130-131 the last neck line. If 130-131 is taken out then it could go to 100-110 a major support area that will probably hold up well. Good luck Robert.