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

To: OtherChap who wrote (24202)	11/2/1998 5:26:00 PM
From: craig crawford	Read Replies (2) \| Respond to of 164684

>> What makes you think AMZN will go down by Nov expiration?? << Hopefully profit taking. Perhaps the election will cause some profit taking for a few days. November expiration also occurs after the FOMC meeting. Maybe if Greeny da Weenie doesn't lower rates again we will have some profit taking. You incorrectly pointed out that AMZN has been up 14 days in a row. (#reply-6224073) Not true, (surprise surprise), it has never been up more than 9 days in a row. AMZN has been up 14 out of the last 17 days. One of those days it was only down 1/16. Hopefully there will be some selling by insiders or anticipation of selling, which will cause some weakness. This stock is way overbought and it wouldn't be uncharacteristic for it to pull back 15-20 points.