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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: OtherChap who wrote (19648)10/2/1998 3:22:00 PM
From: Jay8088  Read Replies (3) of 164684
 
Both AMZN and YHOO hourly charts look very similar. Seems to me they are forming a H&S formation with well defined neckline ( 100 for AMZN and 113 for YHOO ).

iqc.com

iqc.com

While YHOO and AMZN are rallying on Bear Stearn's cheerleading, put option premium keeps on rising. Do you think Vinik & Co's are upto something? ;)
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