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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.38+0.1%Dec 24 12:59 PM EST

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To: Jan Crawley who wrote (41223)2/19/1999 4:28:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
Jan,

Have you sworn off amzn ?
Today was nothing but up, up all the way. I don't know if it was just following the recommendation of the analyst, dead cat bounce, recovery from over sold condition or the resumption of the mania.

Also, my here-to-fore reliable tick volume non-sense was not working at all. Every tick after 10: AM was buying. The only play today was to go long, and I really hate to do that for amzn. The only option was to get out of the way. The pop-up on 2/8 was also like that. That one fizzled next day. I will wait for Monday, which may be a gap up. If it does, and it is sustained. Then it is the mania all over again.

-Sarmad
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