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

To: Philip Williams who wrote (64619)	6/25/1999 12:52:00 PM
From: Glenn D. Rudolph	Respond to of 164684

where is next level of support for Amazon? where is next level of support for iix? Philit, I am not too good at this but I believe AMZN is just holding suppot which is 111 and support on the IIX is between 290 and 294 so if the IIX drops much below 290, I am exiting for now. Glenn

To: Philip Williams who wrote (64619)	6/25/1999 2:29:00 PM
From: GST	Respond to of 164684

Philip -- short covering this morning. AMZN support at 100 -- AOL lower -- 85. Ultra-low volume -- no way this market can hold up if/when there is serious selling. Serious selling kicks in if/when the long bond hits 6.25%. We are one bad day in the bond market away from that happening. Remember -- weak dollar last night. Foreigners fund our bonds and they care about the currency more than the yield -- they don't like what they see and they are leaving. The move down is taking on a life of its own -- its own dynamic which is hard to reverse.