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Strategies & Market Trends : Roger's 1998 Short Picks
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To: RockyBalboa who wrote (15754)11/24/1998 9:57:00 PM
From: Blacksmith  Read Replies (1) of 18691
 
I noticed something interesting looking at the 10-day chart for AMZN. The noise today in 5 minute increments was much higher than the previous 9 days.

I think that even the AMZN longs know that it is due for a pull-back, but no one wants to sell while it is on a roll. Everyone is waiting for it to start to drop before they sell, and this nervousness is causing the price fluctuations. I am expecting a big drop tomorrow (but I have been wrong so many times about this stock).
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