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Technology Stocks : Apple Inc.
AAPL 248.10-0.1%1:25 PM EST

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To: aaplAnnie who wrote (143597)10/27/2012 8:00:54 AM
From: 2MAR$1 Recommendation  Read Replies (1) of 213182
 
AMZN's earnings was almost an exact repeat of last time, almost to the penny in the after hours action & next day runnup. If you look back to the low of 214 there on july 24th , it doesnt show the night in the A/H before which also tagged "$205" which was the low thursday night exactly too.

The "boyz" also just want to be in the name for upcoming Xmas /Holidays as a play since they are just wiping out brick n mortar now & the way everyone shops now days. (BBY just warning again) Also AMZN is a huge enterprise cloud data storage & web developer play now "AWS" , thats quietly grown to be massive . They have 10 data storage centers and just one of them is larger than all of Rackspace .
aws.amazon.com

One short in the am worked as the SPY & AAPL were initially weak (AAPL should bounce from here, SPY willing) then it was bounce time and get long off 228 or just stay out of its way . You have the RSI 30 getting tagged which for AMZN is majorly overssold and shorts from double top up at $260's (thats me) also adding fuel covering finally into the bad news .

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