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


To: Jose Matos who wrote (36410)1/24/1999 10:44:00 PM
From: Mark Fowler  Respond to of 164684
 
Jose best regards I like the 75 and 80 area on Amzn possibly over the next 8 weeks possibly near the end of its baseing. I thought that they were up on descent volume, Yhoo and Amzn, on friday and tend too agree will be surprised by their relative strength.



To: Jose Matos who wrote (36410)1/26/1999 1:03:00 AM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
Amzn looks weak and Yhoo looks strong. Amzn was technically
damage a bit on this last correction so i'd would not be surprised by some
near-term weakness. Yhoo has a good chance to get to 327.75 watch in
there if yhoo can get over 130 twice intraday and close with a descent
number it has a good chance of going higher near term. I say this because it
did not penetrate through the lower band at the bottom support 245-250,
going forward a good place to buy Yhoo would be at the 50 moving average
line.

Keep this index on your radar screen -- link below, if it breaks below 7000
with a close then on down to 6500 and maybe 6000. This will put downward
pressure on banks stocks nearterm and downward pressure on the Compx ,
watch the 21MA for support on the compx be defensive if it breaks through it.
The leaders look ok today

quote.yahoo.com^BVSP&d=1ym