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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....
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To: TATRADER who wrote (8892)5/17/1999 11:51:00 PM
From: Rashid Garuba  Read Replies (2) of 59879
 
Mark,

Sometime eerie how lucky I get covering at 122 today. Unbelievable reversal. AMZN has gotten where it is by squeezing shorts and shorts know it. It's one stock I hate taking home.

Hard for me to see how cutting prices will help them.. to gain market share?? They already own the market. Prices very hard to raise once you lower them and their margins were not great in the first place.

It does seem to me dowtrendline will be violated by a run to $150 based on 10 day intraday.

Rashid
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