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

To: Mark Fowler who wrote (14801)	8/27/1998 1:42:00 PM
From: OtherChap	Read Replies (2) \| Respond to of 164684

I think this is appropriate: Everyone turn on your CD players and listen to the doors. This is the end, my only friend, the end. (btw, i'm still short amzn, as I have always been.. :) )

To: Mark Fowler who wrote (14801)	8/27/1998 1:50:00 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 164684

Mark, actually it never got back near the October lows. In fact, in January, technicians were calling an inverted H&S. I distinctly remember the TA woman from Smith Barney on CNBC talking about it (on the Dow) when we broke the (inverted) neckline in January. We have clearly broken through the bottom of the August trading range, making new "correction" lows in Dow, S&P, Nasdaq, Trannies, RUT... did I leave anything out? Oh, the internuts are still above their July lows. Bizzaro, huh? Well, we've tried twice so far to get back above 1056 on the S&P and backed off again. Support becomes resistance. Bob