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

To: Peter Church who wrote (6871)	6/20/1998 2:42:00 PM
From: F The	Read Replies (2) \| Respond to of 164684

"Market tops are always characterized by excessive bullishness, bottoms by excessive bearishness. The same thing goes in individual stocks. The other thing individuals should avoid is overly aggressive trading." Q: Which is exactly what Internet trading is seducing a lot of neophyte investors into. A: Not just the 'Net. Actually, most portfolio managers trade too aggressively -- for their own neurotic reasons. Individuals can win by taking advantage of that overly aggressive trading by many professionals. Can we use AMZN as one of those stocks? Felicia

To: Peter Church who wrote (6871)	6/21/1998 8:26:00 AM
From: Glenn D. Rudolph	Respond to of 164684

Thanks Glenn---Could be that Friday's move up was option related, but this pattern of afternoon lull and drive higher to the close is still intact if somewhat disturbed. I expect the pattern to repeat Monday and the stock to peak at 80 again. Why not? It's worked fine so far except for one day. If the stock doesn't rally twice in the day, then the pattern is broken and we are probably in a new ballgame. Peter, I am clearly hoping for a break in the pattern. I had noticed the afternoon lulls in the past but made nothing of it. You did. Gives us shorts a break<G> Glenn