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

To: Wayners who wrote (55042)5/4/1999 11:17:00 AM
From: Jan Crawley  Respond to of 164684
 
Complancent bears were shocked by the gap up this morning and started covering IMO.

I don't think that it has much to do with the "bears". From 220 to 150 is $70; now if we bounce to recover 1/2 of the $70, to $185 in the next TWO or THREE days; then it will be a good time to short 200 shares, IMHO.

Half of the MO traders made $$$ and the other half got "zaped".



To: Wayners who wrote (55042)5/4/1999 11:35:00 AM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
I suspected we were close to the end of this selling i use three trend lines Top, middle and bottom and Yhoo was sitting on the bottom trend line. Usually it will rally off this trend line ... Although Amzn could pulled back more to test a major support range near 140 easily enough.


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