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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 247.70-0.3%11:41 AM EST

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To: Jenne who wrote (33760)1/8/1999 11:20:00 PM
From: Voltaire  Read Replies (2) of 164684
 
Jeene,

The key, is not what it will open at but what it closed at today. I only came online 20 minutes before the close and what I was looking for was to see if the MM's would keep the close above the previous. This is very important in a tactical move to see who the MM's are going after. If they are going after the shorts, they let it stay above the close, if they are trying to cause more selling and fear to get more shares they will close it below the previous. Just think what your attitude would be if it had closed down instead of up. The MM's know what you would be thinking. I think monday we will see a head fake down about three to five points to suck a few more shorts in then a complete turn around.

Sleep soundly,

Voltaire
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