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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.10-1.4%Dec 4 3:59 PM EST
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To: GST who wrote (40437)2/16/1999 5:59:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
GST,

I have been observing amzn transactions very closely for a month (since the awe inspiring day on Jan 8, when I lost $150K in 1 hour).

I think I know its habits and what makes it tick. Today there was no selling volume. When it comes it will be very obvious. I used to think that once it broke down, there would be a mass exodus. It did not happen. What is needed is a big down day in the market.

Absent that I think it will trade sideways with some +10 days occasionally.

Regards,
-Sarmad
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