Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Eric Wells who wrote (64682)	6/25/1999 5:49:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 164684

Because we will get the interest rate thing behind the market, the good earnings report period will be around the corner and the July 4th holiday is one of the strongest "holiday effect" periods. Also, the TA for Amazon looks mildly bullish. There appears to be some accumulation in the stock - not that great but some. The MACD and a couple of the other indicators look mildly bullish - enough that a technical rebound is a 60%+ chance. I don't think this will turn into a strong rally, just a chance for people to clear out of the stock before it turns down through the summer.