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The Amazon Channel
Jan 05, 2010

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Tim Knight

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Let me preface this by saying I think Amazon is a fantastic company. My household does an ungodly amount of business with them - I won't tell you the figure - and every aspect of my interaction with them is top-notch. They deserve every morsel of their incredible success.

Having said that, I will say that the stock price looks on the very high end of what appears to be a pretty regular channel. Indeed, the stock even fell today - which borders on incredible, considering the market as a whole.

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