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


To: cellhigh who wrote (25526)11/10/1998 7:29:00 PM
From: Rob S.  Read Replies (4) | Respond to of 164684
 
Could be. The volume at the lower prices at the close was paltry. Of course most investors don't "read the tape" and won't know anything except that it had reached 140 but closed much lower. This action will look like a "shooting star" formation that signals many tops. It's hard to tell if the momentum can continue to move the Internet stocks much higher. I am hoping that it will lift them to even higher nose-bleed territory. Then the analysts can lift their targets ever higher.



To: cellhigh who wrote (25526)11/10/1998 9:10:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
that was onehelluva interesting close..enough to turn my stomach,if
its a bear trap,its a good one!


cellhigh,

I admit to not having a clue. None. It is discouraging and with this many shares, scary too.

Glenn