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


To: CookiePuss who wrote (28927)12/4/1998 4:26:00 PM
From: blankmind  Respond to of 164684
 
- from its high of 233 on 11/24/98 it is now 50 points off or down 20%.

- historically amzn stays above/near its 10dma and has now serious fallen below it, and should converge on its 50dma around 160, just a normal correction for the spike.

- money flow is also declining.

- volume declining.

negatives are showing. not to mention the new margin requirements.



To: CookiePuss who wrote (28927)12/4/1998 4:35:00 PM
From: Skeeter Bug  Respond to of 164684
 
many techs are over 100% off of their recent lows. mu, nvls and amat to name just 2.