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

To: Oeconomicus who wrote (11935)	7/28/1998 1:32:00 PM
From: Peter Church	Respond to of 164684

Dow Theory sell signal according to Richard Russell (Dow Theory Letters) is if the transports and industrials both close below their June lows. He has been a skeptical bull for the past 5 months. Strange how AmZn seems to have support at 120 today despite the DOW's drop. Would you believe a rally in the afternoon? Nah.... You got to be kidding. But, seeing is believing. Maybe a good chance to increase the short position. I just bought August/95 puts in case the other shoe drops. quote.yahoo.com