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


To: Glenn D. Rudolph who wrote (4741)5/27/1998 10:45:00 AM
From: Candle stick  Respond to of 164684
 
Ok , we just had the sucker rally, the "dip buying" and the market is back down over 100.....lets see how many more times the dip buyers come back today, and lets see if they can make a dent in this decline. I think AMZN just popped on some short covering and profit taking....who can blame them, they have been beaten up pretty bad lately. but, the more the shorts cover here, the less support AMZN will have going forward, and the lower it will eventually go......It is going to be a long long day, and I expect some more heavy selling on the close.......;^)