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

To: Clark Wang who wrote (1511)	2/10/1998 8:17:00 PM
From: Oeconomicus	Respond to of 164684

If AMZN can break the down-trend line ... What downtrend line? It hasn't broken any of the prior lows since... well... before my six month chart starts. A failure to make a new high on this run would be the third failure in a month and would be tough to interpret positively, but the lows are still rising. Retesting 50 would make my day, but it's not clear sailing IMO until we get through 45 (50 would make a nice neckline though, eh?). Now that would be something to cheer about, especially since there is no support then until about 30. Hey, what am I doing? I don't believe in that TA crap. OK, just a little. Anyway, I see no down-trend yet. Wish I did. Bob