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


To: Rob S. who wrote (70507)7/29/1999 12:35:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Rob <looks pretty solid> What it looks like to me is what it all looks like to me as billions of dollars change hand with this stock at lower and lower prices -- that an incredible army of small time investors are prepared to go to their bank accounts and hand their money over for this stock in the belief that they have found 'the bottom'.



To: Rob S. who wrote (70507)7/29/1999 12:54:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Rob -- I have been closing out OEX puts and increasing my exposure to gold calls -- this is IMO at the breakout stage. I still have INTC puts. It will take a day for the momo players to smell the coffee on this one and I want to be there when it drops five or ten bucks.



To: Rob S. who wrote (70507)7/29/1999 1:18:00 PM
From: McNabb Brothers  Read Replies (1) | Respond to of 164684
 
Rob,

I see a flat bottom with a declining top formation with AMZN with the flat bottom being the $100 mark. If it breaks below $100 look out below! I believe it will break $100. That is my TA on AMZN and with FA on AMZN in my opinion there is none!

Hank