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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 229.60

+1.5%

Nov 25 3:59 PM EST

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To: KeepItSimple who wrote (73338)	8/11/1999 10:57:00 PM
From: Tradegod	Read Replies (1) of 164684

I'm not so sure just yet: Analysts have been pounding the table on the way down. Meeker pimped EBAY yesterday, and it was down today. YHOO soft also. It's a daytraders' market right now. Buy em till they stall, and sell 'em til they reverse. Forget sector rotation, we've got stock rotation going on right now; intrahour! Money's chasing whatever's working. If the volume's not there forget it. Look at TERN for example. Was a strong Net related stock down with the rest of them. Bought 30 August 40 puts this morning when it gapped on weak volume. Sold them 10 minutes later for a grand. BIG MISTAKE. Volume never came and the stock closed down big. Left 8 grand on the table. "Whaddaya gonna do?" >Guys, give up any idea of shorting. The net stocks are going to rise 40-50 percent in the next 2 weeks

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