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


To: Robert Ague who wrote (41389)2/20/1999 12:44:00 PM
From: Sarmad Y. Hermiz  Respond to of 164684
 
Robert,

>> I do not give into the hype about AMZN is great, analyst upgrades (they do this to take your money, they will not give it back later either), <<

You do not need to believe the hype to experience its effects. The charts can say whatever, yet Blodgett's call to arms broke the down trend on 3x volume. Meeker is yet to be heard from. When she sings her siren song, the zombies will march in lockstep. It will just add to the crescendo. Before that run-up, shorting amzn is suicide.

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>> Unless AMZN can get past $110 to $115 and sustain it for several days, DOWN, DOWN, DOWN! If it can break the trend, load up for the intermediate move of $140 to $150. <<

I personally would not go long, but I do understand why you may want to play it that way.