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


To: SkyDart who wrote (37322)1/28/1999 3:32:00 AM
From: GST  Read Replies (1) | Respond to of 164684
 
Skydart -- <Never fall in love with a stock...> good advice. Lets give AMZN a week and compare notes on the trend -- you know what I think.



To: SkyDart who wrote (37322)1/28/1999 3:43:00 AM
From: GST  Read Replies (2) | Respond to of 164684
 
<50 day and 100 day moving averages> Take your pick. At what point will you concede the trend -- when we get below $100 (the 50 day moving average) or $50 (the 200 day moving average)? For those buying at 120 plus, a close below $50 would probably indicate a down trend. Perhaps when we get there you can tell us to sell AMZN because you are now sure the trend is down. Lets see, we were at $199 one week and a half ago, and below 100 this week. Yes? Lets see how $50 looks next week. With the stock down 75% it should be pretty easy to spot the trend.



To: SkyDart who wrote (37322)1/28/1999 1:19:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 

<The trend is down>

What kind of dope are you smoking? Maybe you are holding the chart upside down.

Because based upon the 50 day and 100 day moving averages the trend is UP.

But you have one thing right: "All who ignore the trend will pay the price".


I see AMZN down in a strong market.

Glenn