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

To: Bill Harmond who wrote (14834)	8/27/1998 4:49:00 PM
From: Raiders	Read Replies (2) \| Respond to of 164684

Hi William, We really cannot tell what is happening beneath these internet stocks. The maybe a rally sitting here or we could be heading down even more. But my gut feeling is that these stocks are heading much much lower. Well Amazon did break its 14 and 7 day moving average and will go and test its 200 and 100 day moving average which is at 90 and i think 65. There will be a test of 90 and will happen in the next two weeks. So I am kind of bearish on the stock, I maybe wrong so only time will tell. Good Luck to all the folks on this thread. Raiders

To: Bill Harmond who wrote (14834)	8/27/1998 5:10:00 PM
From: IceShark	Read Replies (1) \| Respond to of 164684

This market reminds me of 1990. Unless we're going into some economic meltdown (which means it would have to take the US economy into a recession) then I think it's best to trust the future and keep my bets on the table. Well William, you better hope ASEAN and South and Central America don't mean anything. Trucks and trains are dead heading empty into the Port of LA and coming out full. Ships are coming into port full and leaving with empty containers. South/Central America accounts for *40%* of US exports - better hope they keep up their buying power. Regards, IS