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


To: Sonny Blue who wrote (83198)11/4/1999 7:33:00 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
It's on major support lines and if this is going to reverse this is the likely area (todays close) However, i don't like the way the weekly chart looks. it looks like it's coiling could see 53-55...I'd wait and watch it no rush to buy here there's time...Not unless Jeff pulls another rabbit out of the hat again??



To: Sonny Blue who wrote (83198)11/4/1999 7:54:00 PM
From: H James Morris  Respond to of 164684
 
<<Look like all the sellers are done with their tax-loss selling.>>
I think that the selling is due to mounting losses. Tax loss selling usually comes in the last 2 weeks of Dec.
The only tax selling for Amzn is for the investors who paid over 65. Aren't you glad that your not one?