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


To: Andeveron who wrote (6419)6/17/1998 3:39:00 PM
From: Tradegod  Read Replies (1) | Respond to of 164684
 
Any bets on whether we close below the open?



To: Andeveron who wrote (6419)6/17/1998 3:44:00 PM
From: Peter Church  Read Replies (2) | Respond to of 164684
 
Yahoo made a peak today at 131 confirming its resistance at that price. If Amzn is moving in parallel, it looks negative to me, but I want to give it a couple of days before deciding to short again.

Is it true that only amateurs short Amzn? I thought professional short sellers look at fundamental value first. Why not short a bubble>>>? Or would they have waited until the down trend was established? Just some rambling thoughts.