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


To: Jan Crawley who wrote (14183)8/20/1998 1:51:00 PM
From: Peter Church  Read Replies (2) | Respond to of 164684
 
Even as a bear, you have to appreciate the strength amzn has to bounce back. It looks like another attempt to rally above 130 is going on. The volume is trying to light the fuse. The only thing holding it back is the pressure on the Dow and the previous disappointments.

Last month, at expiration, Amzn rose 10 points from 110 to 120 on Thurs and Friday. Then it went on to 145 the next two days before cracking up.

Watch out bears, this could be another run.