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


To: Oeconomicus who wrote (12191)7/31/1998 6:56:00 PM
From: umbro  Read Replies (2) | Respond to of 164684
 
Buschman says, " The Datek margin issue may have been a computer glitch."

Too bad, I love a good conspiracy theory. :)

By the way, AMZN has been more/less shadowing the Nasdaq composite
recently, and I was surprised that AMZN didn't sell off more on
such a weak day for the NASDAQ. It is true that AMZN didn't
quite break above the down trend line, but if you're a bear, you better
stay awake, because a break above today's high (115 1/2) would be bullish.
There's stil someone out there who is willing to step up and buy AMZN in the 109 area. That was the support level a week/two ago,
and seemed to hold today.