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

To: Mike M who wrote (39238)	2/10/1999 12:15:00 AM
From: Mark Fowler	Respond to of 164685

Maybe next week... this is a test of the 70 MA and usually we do move off this MA line. Amzn broke through once on this line and that was during sept and oct correction. I don't see this happening this time so i think one would do well to buy in here for a long trade. 120 at this point does seem impossible but don't think with the crowd. Amzn is at the bottom of the channel now so yes i do think a possible break out towards the overall trend line will happen over the next week or two which is near 140. When compx comes down to 2250 or so i'd would go long and would be a good opportunity to buy.