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

To: Hobie1Kenobe who wrote (57025)	5/17/1999 10:29:00 AM
From: Sarmad Y. Hermiz	Respond to of 164684

>> Do you see AMZN moving to its 200 DMA around $105 next? Tks. I don't believe TA applies to amzn. All the stuff that TA practitioners said about amzn has failed. Read their posts. If they actually practiced what they said, they are deep in the red by now. My firm belief is amzn will keep dropping until funds step in and buy. Last time that was at 115, before that at 85, before that at 95. I do think retailers will buy ahead of each of these points as they apply TA and try to be ahead of the game. But I don't see these points as real support levels. I do expect there will be a good bounce at 85 (if it gets that low). How high it goes ? 10 points ? before resuming to 70 ? or 60 ? And remember, they made fun of my orcl and coms. That's what really hurts.