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


To: Glenn D. Rudolph who wrote (5761)6/12/1998 6:21:00 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
Technical in K-Tel are solid? Are you sure of that?<<

Glenn, hi just got back in town; didn't think i was going to get back so early. I see wild day for the market.

Just a comment about the Ktel ride. You guys have miss my point. When you are in a real squeeze like the Ktel hype bubble, you go in and out quickly because of the small float. The technicals were solid for the next days ride only and it was and it was the last day i road that hyped stock. Enough of Ktel; i will not trash Amzn by comparing this to Ktel, which was a tremendous run up on nothing but pure hype. This little squeeze going on here with Amzn is nothing in comparison.

Glad to see this thing start to settle down and should start to see some profit taking next week. We could see a move to 50 on profit taking before the next move up . As i've said before the trend is still in place "UP". Regards