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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.19-1.8%Dec 12 9:30 AM EST

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To: Tenpole who wrote (14219)8/21/1998 11:23:00 AM
From: Jan Crawley  Read Replies (1) of 164684
 
T,

Thanks again!!

I am beginning to understand your "gaps" and "unfilled gaps" TA analysis. Amzn's price is "artificially" set daily/hourly by the trading desks; backed by their respective controller/brokerage houses with an average cost base of less than $40.

"Sell high/buy low" is their only objective; the trading desks gap the price up, they want the gaps to be met by buyers, not the sellers.

The trading desks short Amzn when sellers show up, and gap the price up when shorts are buying. They know that the only meaningful buyers are themselves and the shorts...

I will ask more questions/discussions during the non-trading hours and hope that you don't mind.

What a day!!

:)), Jan
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