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


To: Peter Bernhardt who wrote (14553)8/25/1998 1:03:00 PM
From: Olu Emuleomo  Read Replies (1) | Respond to of 164684
 
Moving up on very light volume ...

Looking for a key reversal today.


Peter B,

I'm looking for the same thing! Looks to me like we are forming a Head&Shoulders top on this one. Close above $140 will prove me wrong....

--Olu E.



To: Peter Bernhardt who wrote (14553)8/25/1998 2:34:00 PM
From: Rob S.  Read Replies (1) | Respond to of 164684
 
It looks like a great call on the short-term trend.

I don't think we have seen the last of the wild market enthusiasm for AMZN and other inet stocks just yet but the sector is over-exposed in the media and investment services and the "free money" atmosphere is wearing thin.