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


To: SouthFloridaGuy who wrote (18343)9/25/1998 1:04:00 AM
From: Rob S.  Respond to of 164684
 
OK. I'm not certain it is an absolute top but the action today and TA sure makes it look that way. I was surprised that the price didn't continue up at least through today. The fact that the market was down has less importance than other factors - movement in the market has not prevented Amazon from moving up or down against it in the past. The thing is, IMO, that NZMA should have gone up because of all of the renewed attention being given to the inets due to the eBay IPO and because of the huge momentum it had yesterday and early today - that shows up as a significant psychological and TA reversal. The chart looks great for bears.



To: SouthFloridaGuy who wrote (18343)9/25/1998 8:31:00 AM
From: Glenn D. Rudolph  Read Replies (3) | Respond to of 164684
 
Calm down dude! I never said I was buying. I just think its absolutely premature to call a
top on Amazon just because the stock fell from its highs today (as did every other Nasdaq
stock).


Puff,

It appears that is not is not premature to call a top. At least, after the news that appeared last night.

Glenn