SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lee who wrote (70846)7/30/1999 1:52:00 PM
From: KeepItSimple  Respond to of 164684
 
Both stocks are almost entirely controlled by daytraders and institutional program trading. These folks tend to think of these two stocks as the same thing, with a slightly different price.
(hopefully YHOO will come down to join AMZN shortly at 100)

---------------------
Why do AMZN & YHOO track so closely - even on a 5 minute chart? Surely people aren't dumb enough to think that both are in the same line of business?



To: Steve Lee who wrote (70846)7/30/1999 1:55:00 PM
From: 10K a day  Read Replies (1) | Respond to of 164684
 
Steve Buddy
They will Both Survive,
They will Both do fine,
They are both market leaders.
Show me more growth.
And i will go there....



To: Steve Lee who wrote (70846)7/30/1999 1:56:00 PM
From: Jan Crawley  Respond to of 164684
 
Why do AMZN & YHOO track so closely - even on a 5 minute chart? Surely people aren't dumb enough to think that both are in the same line of business?

Well, watch the LveII, you will find that the same MMs...such as Inca, Isld, redi...etc are always the main players for both.



To: Steve Lee who wrote (70846)7/30/1999 1:57:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Steve: Sarmad and Jan are the resident experts on YHOO/AMZN coupling. I take your point though -- they trade together but might not have much in common.