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


To: Glenn D. Rudolph who wrote (147530)9/15/2002 10:10:53 PM
From: 10K a day  Read Replies (1) | Respond to of 164687
 
don't feel bad glenn...the stock doesn't go up because of buying...and it doesn't go down...well...nevermind...maybe it did when there was an 8 million share float and 16 million shares short...but not now...

It's like if i have 100 tomatoes to sell you but i only show you one...and tell you it's the last one...and you buy it...so i move the price up and show you another one...and maybe you buy that one too...if you don't ...well..i move the price down and i sell it to you anyway...

I still got 98 more to sell you...

if i think you dumb enough to chase it.....i move the price up...until you buy it...then i move the price down again...and find some other sucker..

what totally amazes me about the NASDAQ algorithm...is the POS stock price in the same industry....moves almost lock step...with some other co...there is no rational to supply and demand in the nasdaq algorithm...they'll tell you it's institutional buying or index whatever..but i say that's a crock of sh*t.

they'll even try to convince you that the leaders will move first...and then the junk moves last becuause supposedly they selling out of the leaders and buying the secondary junk....but i don't believe that either...

I think you need to jump on some junk like honeywell and short that...or something...Maybe GE or some of the home builders weakies..BWDIK..or keep an eye on INVN...that one will be a great short soon..