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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.530.0%3:59 PM EST

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To: Mark Fowler who wrote (18684)9/28/1998 9:51:00 AM
From: M. Frank Greiffenstein  Read Replies (2) of 164684
 
Back and fill...

Huge gap ups are usually a kiss of death. The last knucklehead says to himself "Boy, something is going on! Gotta get in!" A few mutual fund managers are probably buying so they can impress their clients.

I have never seen a gap up that did not back and fill the same day.

DocStone
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