Tuesday, May 08, 2007

Nasdaq 100 Leaders and Laggards: DISCA: Financial News - Yahoo! Finance
Amazon.com Inc. fell $2.41, or 3.8 percent, to $60.82.

Infosys Technologies Ltd. fell $1.98, or 3.7 percent, to $51.92 on a bad day for Indian technology companies. Investors sold on fears that a strengthening rupee could hurt profit margins at outsourcing companies.

Great fundamentals... but bit of bad news is drawing down this stock :(

Will the stock bounce back the resistance? It looks like it can go either way the 50 and 200 moving day average are going to cross.

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