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

To: Mike M who wrote (21497)10/14/1998 12:52:00 AM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
Mike short term i believe intel will determine which way the market will head. I read that they have said they're having trouble meeting demand.

If the PSE, BKX, and Compx can stay above its recent lows i believe we will go higher. As for Amzn short term i'm expecting a bounce in the internet and tech stocks over the next week or two. In the morning Amzn could come down to 90 or 88 range and then head back some in all another flat to a down day. It's really hard to tell in here because many indicators are mixed right now so i'm going by the gut on this too. Just have to see how the market reacts to intc earnings tomorrow.



To: Mike M who wrote (21497)10/14/1998 1:27:00 AM
From: H James Morris  Respond to of 164684
 
Mike<.do the indicators still look bullish short term to you?>
Since last May the 'Thing' has been a stock that the Elephants have not wanted to stop feeding on.
My gut feeling is their full. So, its time for them to move on.


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