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

To: Peter Church who wrote (7819)	6/27/1998 12:37:00 AM
From: Bilow	Respond to of 164684

Hi Peter Church; I think the decrease in volume today indicates a possible time to sell the stock. This would be confirmed if volume in the first half hour Monday is well below (i.e. 10%) the volume in the first hour today. But today's volume was not significantly lower than the volume that accompanied that little pull back in mid-month. If sold short, I would probably cover the next time it had high volume on an upmove in the first 1/2 hour of the day, or any time if I could watch it all the time. tscn.com -- Carl

To: Peter Church who wrote (7819)	6/27/1998 1:12:00 AM
From: Wayners	Read Replies (1) \| Respond to of 164684

Yes a break now below $90 would violate the trendline. I have to add that I'm using a semi-log plot. A bounce up, like forming the head of a head and shoulders pattern after the left shoulder would strike that same uptrend line at somewhere around $100 where I think the big drop would occur. The first break of the uptrendline would be like a warning shot to get out of AMZN. I've noticed many times that the first drop isn't the real big drop. Its a warning to sell or sell short on the next peak. It gives everybody a second chance to get out at the top or close to the top.