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

To: Glenn D. Rudolph who wrote (69390)	7/24/1999 9:10:00 PM
From: Mark Fowler	Read Replies (1) \| Respond to of 164684

My next "concern" is EBAY.<< That's is a concern with me too ...i like the company a lot just remember the major support area on this i would think that a decline of 50% from high that a bottom would be close 200 MA should hold up there, but the stock will be weak. So any problems with there server crashing again at the wrong time this stock could move lower just something to think about... We'll see what happens at this time, before i move in on this one, i'll make it prove support. It's better to be cautious than trying to get in on the absolute bottom which can be dangerous at times. Another thing i wanted to mention is that a lot of these stocks have H&S patterns weighing them down and from the psychological point of view fund technicians know this, so i think stocks like Amzn Yhoo and Ebay will be weaker for awhile a trade between there narrowing ranges with the 200 ema as major support. Any breakdowns in there major neckline support areas could cause more sharp selling.