1) Kindle Fire sales are dropping
2) Amazon has more competition. Apple Itune and Google's Playstore offer users more choices now.
3) Google's fabulous new tablet , the NEXUS 7 tablet , is FAR superior to the Kindle and only $199
4) Bloomber reports that AMZN is working with Foxconn to develop a phone to go "head to head" with the iPhone. BIG MISTAKE IN MY OPINION
Waiting for a few technical indicators to confirm a short entry. on the sideline for now