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


To: Jay8088 who wrote (19690)10/2/1998 3:25:00 PM
From: MR. PANAMA (I am a PLAYER)  Respond to of 164684
 
After this week till thursday I was going to go to me Doc and get me first Viagra pills fer weekend....after this rally ...I remain Viagra free....YHOOOOOOOO Just Amazing.....



To: Jay8088 who wrote (19690)10/2/1998 3:29:00 PM
From: MR. PANAMA (I am a PLAYER)  Read Replies (1) | Respond to of 164684
 
Jay I will be looking fer well defined necklines this weekend....and head and shoulder patterns hahahaha



To: Jay8088 who wrote (19690)10/2/1998 3:48:00 PM
From: Sam Citron  Read Replies (1) | Respond to of 164684
 
I see what you mean, Jay. The hourlies do seem to indicate right shoulder tops are being completed. But I prefer to look at 180-day daily chart. iqc.com

It seems to indicate a more impenetrable triple top (or H&S top at 140) for Amazon, followed by break to 72 and now a reaction to lower end of congestion. Yahoo daily doesn't indicate such a formidable top to me.

Amazon and Yahoo are in two completely different businesses, as much as the BS analyst would try to paint them alike. Yahoo is a great company. Though expensive, it has a bright future. Amazon, however, is a complete bubble, with speculators willing to give them an unreasonable premium for a first-mover advantage that will be unsustainable IMHO.

Sam