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


To: Glenn D. Rudolph who wrote (55191)5/4/1999 8:31:00 PM
From: Erick444  Read Replies (2) | Respond to of 164685
 
The large negative tone on AMZN at present prices smells of a bottom. Look for a bounce soon in I-nets. Regards.



To: Glenn D. Rudolph who wrote (55191)5/4/1999 11:29:00 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164685
 
Glenn, i think Amzn could come down to 100 Ema as it did last February this would put it at now 133, and could move down intra day to 129-30. A close above 139 is important and if 100 Ema is taken out then it could move down to 200 ema which would be unfortunate of course. I will watch this issue closely and if i think 100 Ema is going to be taken out i will sell the remaining shares and hold only original position from over a yr ago. I think the longs who are willing to step in tomorrow would be wise to buy a half position just incase 100 Ema is taken out. Good luck Amzn Bulls it could get ugly tomorrow don't panick and don't load up on the margin. Here's a chart of Amzn for you to look at:

clearstation.com