The broad averages swooned sharply on Thursday, and although they had recouped most of their losses by day’s end, the bounce looked pretty well spent by the end of the day. AMZN, the only bellwether we should care about, looked even less impressive, finishing the session with a $12 loss that left it poised for another leg down on Friday. If so, the Dow and the S&Ps will come down with it, since they lack the energy to fake indifference. Things could get nasty, since, if AMZN fulfills the 915.98 downside target I’ve projected for it over the near term, that would amount to a fall of about 5% from current levels._______ UPDATE (Jun 16m 10:45 a.m. EDT): AMZN has reamed bears a new orifice this morning, with bullish implications for stocks in the U.S. and around the world. See the update to my AMZN tout, below, for details.