Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Glenn D. Rudolph who wrote (29536)	12/10/1998 3:57:00 PM
From: Mark Fowler	Read Replies (1) \| Respond to of 164684

I could add to my long position but am trying to determine what is the bottom of the range. << Hard to say right now too. There's time be patient. I can't believe how Inkt and Csco is holding up

To: Glenn D. Rudolph who wrote (29536)	12/10/1998 4:00:00 PM
From: Rob S.	Read Replies (2) \| Respond to of 164684

Weak performance among the net stocks - the market looks tired and may be ready for a pull-back. I'll look at the TA a bit this evening.

To: Glenn D. Rudolph who wrote (29536)	12/10/1998 4:05:00 PM
From: Mark Fowler	Read Replies (1) \| Respond to of 164684

Glenn i'm going for a cup of coffee and make a run to the store i'll be back later tonight.

To: Glenn D. Rudolph who wrote (29536)	12/10/1998 4:20:00 PM
From: jach	Read Replies (2) \| Respond to of 164684

Stick to one's initial gut feeling when in uncertainties. Again, a year from now AMZN is a 10$ stock. We will see. IMO.

To: Glenn D. Rudolph who wrote (29536)	12/10/1998 6:37:00 PM
From: Joe E.	Read Replies (1) \| Respond to of 164684

<<I covered my short at around the high for the day. I went long then too seeing upward momentum. I have no plans to go short until at least next spring. I could add to my long position but am trying to determine what is the bottom of the range. I clearly do not understand this stock My performance has proved it. >> Perhaps if you REALLY studied the margins vs fulfillment-cost thing.. <G>

To: Glenn D. Rudolph who wrote (29536)	12/10/1998 9:35:00 PM
From: Mark Fowler	Read Replies (1) \| Respond to of 164684

Everyone this in from Preudential, the technical outlook for '99 . Ralph Acampora is Chief Technical Analyst. Our 1999 Stock Market Outlook—The Year Of The Stock Picker... Our 1999 yearly range for the Dow Jones Industrial Average is 7800/8450 on the downside and 9800/11,500 on the upside. The S&P 500 range is 1050/1090 on the downside and 1350/1525 on the upside. October 1998 was the bottom and represents a four year low. The year 1999 is the third year of the president's term in office and the third year is historically the best of the four years. Despite the fact that the DJIA, the S&P 500 and the Nasdaq Composite are now at new highs, 65 S&P groups (or 71%) out of a total of 91 sectors are at least 20% below their respective 1998 highs. The bears will view this as a big negative but we disagree. Of course a majority of groups have not caught up with the leading market averages yet simply because most groups and stocks suffered extreme damage (anywhere between 25% and 35% losses from their respective 1998 highs). Hence they will take time to build the necessary bases to support higher moves later on. It is this theme that we are emphasizing for 1999—stock selection. We refer you to the Sector Standings section for the names of many technically attractive stocks.