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


To: Mark Fowler who wrote (21338)10/12/1998 9:55:00 PM
From: Mike M  Read Replies (1) | Respond to of 164684
 
Be careful it don't gap up and get away tomorrow -- that's a lot of powder.

I don't see a likelihood of a gap up tomorrow AM....stock closed below today's opening and on the low trade of the day...will more likely close today's gap and then some...But, I do think there is room for more upside and would concur that Glenn should keep an itchy trigger finger.

Some clever fellow suggested that a move above 120 would be very bullish and a move below 80 very bearish....No degree of certainty (which way) from me in the short term but I am quite certain that below 80 is in the cards somewhere down the road - and that will result in a steep drop!!!!!!

Mike



To: Mark Fowler who wrote (21338)10/13/1998 8:50:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Hello Glenn and everyone just got back in tonight and time for me to catch up in the
markets and no trading today. I see you left unboxed very risky to do in here Glenn. TA
shows internet stocks are going up again. Be careful it don't gap up and get away
tomorrow -- that's a lot of powder. IMO, Last week would of been the time to go short
with that many shrs.


Mark,

You are correct. I could not get that many shares last week. I can always box if need be and opening now looks down so I feel comfortable about it at present. YHOO not down though.

Glenn