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


To: Sarmad Y. Hermiz who wrote (49533)4/8/1999 11:37:00 AM
From: 16yearcycle  Read Replies (2) | Respond to of 164684
 
Sarmad,

My feeling is that yhoo has probably seen it's high for this outburst and it will run out of time before the market runs out of good things to focus on. I think Amzn will be the next one to move past new highs. Now, I still have 60% of the yahoo I had Monday, so I am very unsure or I'd have dumped it. I hope to get at least 230 out of it. I am hoping that it, yhoo, gets caught up in amzn's charge and they push to 270 and 230 or so respectively before settling back after amzn's earnings.

I am not a chart reader so I have to try to anticipate before hand. I don't think May will be good, but I think they will have an even bigger move in the early summer. A long or someone unmargined might be best off holding through any corrections and waiting for the summer drive. I am margined, so I won't hold it all.