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

To: Robert Rose who wrote (69434)	7/25/1999 10:34:00 AM
From: HairBall	Read Replies (4) \| Respond to of 164684

Robet Rose: Monday afternoon after the Market closes, I will be making AMZN my "featured stock chart" again. I think you will find the chart very interesting. You will be able to find it on my chart page on the MDA Web Site at: homestead.com Regards, LG

To: Robert Rose who wrote (69434)	7/26/1999 8:44:00 PM
From: HairBall	Read Replies (1) \| Respond to of 164684

Robert Rose: Robert Rose: I posted AMZN as my “featured stock chart” this evening. Look for support to come in at the lower band of the long-term trading envelope (dotted white line), the base of the rising wedge (dotted horizontal dark yellow line) and the rising support line (dark yellow line) based from the July 97 low. These combine to offer strong support in the 95 to 100 area. I would look for AMZN to begin to find support at or above these support areas. If these support areas are broken, AMZN may be going much further south. The three peaks you see in the chart could be viewed as a Head and Shoulder pattern (triple top) and would portend much lower prices for AMZN if the neck line is broken along with the above mentioned support areas. It should be noted that H&S patterns not very reliable formations. The support areas mentioned above are very important and investors should keep a close eye on them. You can find it on my chart page on the MDA Web Site at: homestead.com Regards, LG