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


To: Robert Rose who wrote (63842)6/22/1999 9:18:00 PM
From: Rob S.  Read Replies (1) | Respond to of 164684
 
Boy, I post that I think AMZN may move up to as high as 139 by mid July and the stock tanks by the end of the day! What happened this time? It sure seems that Internet stock traders have one finger on the trigger to sell the sector if anything happens to any one of the darlings. Previous to my post today, I thought that Amazon would move up to around 130, but know I don't know - this much skittishness may scare away new investors. However, my TA still looks like AMZN will more likely recover over the mid-term rather than head down much from here. I'll look some more at the charts to see if the crystal ball is any clearer - but I'm afraid this is one of those markets that are difficult to figure - too emotional.