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

To: Olu Emuleomo who wrote (77211)	9/12/1999 12:08:00 PM
From: brian z	Respond to of 164684

AMZN now trades back over its 200-dma since mid-July. The whole Internet sector as a subsection of technology has momentum behind it and I expect that rotation to carry through, barring any unpleasantries on the inflation front. Technically, there is good support at $62 and I believe dips are buyable to that point. Resistance is at $68, then $70. However, based on a cup and handle formation in the making since mid-July, it appears that AMZN is likely to continue up. The next resistance point is at $80.

To: Olu Emuleomo who wrote (77211)	9/12/1999 2:23:00 PM
From: Lizzie Tudor	Respond to of 164684

(How's your ORCL doing? I'm getting antsy. The gains are too quick too soon! After all, is ORCL an inut?) Olu, I know you are a TA guy but I wouldn't sell Orcl or any software stock right now, I think they are all going to rise 50% or so, some much more, pretty quickly. Oracle will benefit as a sort of peripheral play to b-2-b e-commerce so it isn't totally outside of the internet space... Heres a relevant article from Forbes... Can ERP vendors stage a Net-enhanced comeback? forbes.com

To: Olu Emuleomo who wrote (77211)	9/12/1999 7:10:00 PM
From: Brad Bolen	Read Replies (1) \| Respond to of 164684

That is the nicest looking cup and handle I ever did see. The question is, does that itty bitty gap fill first? B.