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

To: Rob S. who wrote (12543)	8/4/1998 1:35:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

Rob, Totally agree. I do not know how well you follow Asnd; but it's been a very good trading stock; as well as a good "bandwidth" holding. Any trading suggestions?

To: Rob S. who wrote (12543)	8/4/1998 1:58:00 PM
From: umbro	Respond to of 164684

Ron says, my crazy hunch is that we are seeing a market blow-off this week. You're calling for a downside blow-off, right? As opposed to a topping pattern? If you're looking for that sort of thing, I'd recommend keeping an eye on the OEX volatility index, VIX (^VIX on Yahoo!). Look for a day/two that it spikes high, and then backs off, and reverses. Take a look at recent market bottoms to get a feel for the pattern. VIX broke over 30 today, which has been typical of recent tops (in VIX, or bottoms in the market since they're inversely related), however, I'd give it a week/so to see if things get worse before they get better. (I don't have a market call, just tend to trade it day to day.)