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


To: CoffeePot who wrote (27993)11/24/1998 10:09:00 AM
From: Rob S.  Read Replies (1) | Respond to of 164684
 
You timed it perfectly.

My guess in my post yesterday is looking good so far this morning despite the news that Amazon negotiated a deal for selling music on MSN. The TA said the stock had finally reached the zenith it had on July 17th - about as high as the indicators would go, and all indicators lined up bearish. It is very unusual for ALL indicators to line up bearish on a stock but is maybe the only time to short Amazon. Shorting this stock on the way up is a painfull experience.



To: CoffeePot who wrote (27993)11/24/1998 10:11:00 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Glen, Worth a look. Forrester are at it again.
but there are a handful of encouraging success stories like Amazon.com, the on-line bookstore. By 2003, Forrester Research Inc., whose business is analyzing trends in cyberspace, projects that Internet commerce could reach $3.2 trillion, or 5% of all sales worldwide..
uniontrib.com



To: CoffeePot who wrote (27993)11/24/1998 10:27:00 AM
From: JF2155  Read Replies (1) | Respond to of 164684
 
Coffee--I have bought AMZN on good news many times . It has always closed up --every time --everytime-- why would you short it on a day like today --because of the charts --feeling--well well I'll go with the odds in my favor .

JIM