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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 249.43-1.8%Nov 4 3:59 PM EST
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To: craig crawford who wrote (114498)1/5/2001 5:11:30 PM
From: Kevin Podsiadlik  Read Replies (2) of 164684
 
Look at the volume. Pathetic! Low volume pullbacks are bullish. We had a record move on 3 billion shares to the upside. We'll barely even do 2 billion shares on the downside today.


Nothing like a little market shakeup courtesy of the Fed to make some people lose all sense of proportion. The average daily Nasdaq volume last year was around 1.6 billion, but now that we have touched the magic 3 billion mark for one day, suddenly 2.1 billion is "Pathetic!"
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