Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 227.35

+0.3%

Dec 19 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Oeconomicus who wrote (15881)	9/2/1998 9:45:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

Actually, I thought sub-$70 was too far too fast, but a rally back to the July low is no big surprise. From here around $88, I'd say there is three to four times as much downside before meaningful support than there is upside before meaningful resistance. Bob, I would agree. I left yesterdays shares unboxed. There appeared to be a lot of short covering today. I should have gone long or just boxed for the day. Easy in hindsight. However, after reviewing the days trades, it appears that up from here would be very difficult. The float is also increasing. There is not some liquidity. Not enough but it is getting there. Glenn

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next