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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST

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To: UFGator93 who wrote (10595)7/16/1998 11:25:00 AM
From: Jan Crawley  Read Replies (2) of 164684
 
Morning Damon,

Checking both Amzn and Yhoo trading patterns so far this morning, 1. Very low volumes, 2. Prices dropped with "larger volume" sells, then little consolidations with smaller trades.

Curren(minute by minute conclusions, in MHO), there is no buying pressure, there is some small selling pressure.

Then checking the options activities for this morning, not many calls. The current July call holders(speculators) are thinking seriously about closing them with gains/losses...They are not sure if there are going to be some so-called greater fools/speculators who would show up to help them out financially before 3pm tomorrow...

Guessing games here....if you own July calls/puts...

Jan
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