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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (68938)7/22/1999 2:38:00 PM
From: Jan Crawley  Respond to of 164684
 
GST -- If you are thinking about buying/taking a position, then wait, it most likely will go lower, lower than $100. Covering short is different. The first one is oppt, the second is risk.



To: GST who wrote (68938)7/23/1999 3:00:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
GST,

AMZN's drop is over for now. It has found support at the bottom of its trading range. At 103, exactly at the previous point. It bounced strongly from that. It exceeded 110, the previous ceiling from yesterday. You cannot play this to the down side for now. 130 is more likely than 90. I bought yesterday, and now 700 long. I am shorting other stocks, but not amzn.


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