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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.29+0.5%12:39 PM EST

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To: udrider who wrote (1363)1/23/1998 11:08:00 AM
From: Candle stick  Read Replies (2) of 164684
 
Well, we crashed down almost 4 straight points on 1/2 million shares in one hour or so.....I would say that was all selling volume from some major holders of the stock taking profits...noone seems to be able to get stock to short so I would guess the only buyers on the way down were the shorts, and the selling came from long positions.....soon some shares will become available, 2-3 days....I expect there to be another wave of selling on the close....depending on how much we could easily hit 58 1/2 support today..................;^)
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