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


To: fedhead who wrote (60095)6/3/1999 1:05:00 AM
From: Sonny Blue  Read Replies (1) | Respond to of 164684
 
>> Isn't that a bearish sign ? <<

It could be. The rally in the afternoon looked quite "deceptive" to me. Day traders and short covering may exasperate its move either way. As long as we don't resolve this Fed rate issue, we're not going anywhere soon.



To: fedhead who wrote (60095)6/3/1999 8:34:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
OT I am very bullish on AMZN
long term but just very concerned about the technicals.


Anindo,

What is your take on AOL at present?

Glenn



To: fedhead who wrote (60095)6/3/1999 9:13:00 AM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
Technically AMZN has been making lower lows and lower highs. Isn't that a
bearish sign ? Shouldn't one postpone any new commitments
till it makes a higher low ? I am in AMZN at various prices since
February but am waiting for a higher low. I am very bullish on AMZN
long term but just very concerned about the technicals.<<

Anindo and everyone good morning ...this should have been bought, if not yesterday then today. Hope for a little pullback!!