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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 239.26-1.0%Jan 30 3:59 PM EST
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To: Jan Crawley who wrote (43824)3/4/1999 12:47:00 PM
From: Sarmad Y. Hermiz  Read Replies (2) of 164685
 
Jan,

I had placed an order to short at 122, then cancelled it. I thought amzn will not be sold-off in the face of a strong nasdaq. But when it dropped a while ago, it was on 50,000 shares per minute for 10 minutes. The preceding volume before that was 10,000 shares per min). So I figure perhaps the bulls are jittery, and a down draft will accelerate. I have been using the volume stuff to reasonable success lately. Let's see if it will work now.
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