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

To: dennis michael patterson who wrote (35903)1/21/1999 7:14:00 PM
From: Don Westermeyer  Read Replies (2) | Respond to of 164684
 
I think we're putting in a bottom. Let's see what happens.

What makes you say this? I have yet to see much resistance since AMZN started its decline. It could just as easily go back to $50 (since the stock trades more on technicals anyway).

Sentiment has amazingly changed to very negative in the i-nut sector and with AMZN in particular in just days. Why catch a falling knife?



To: dennis michael patterson who wrote (35903)1/21/1999 9:30:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
dennis -- <<I think we're putting in a bottom.
Let's see what happens. >>

I am much more uncertain, as you know, and inclined to believe we have a new trend -- down.

This is what makes a market.

Good luck on your trades.


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