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


To: Peter Church who wrote (6865)6/20/1998 2:08:00 PM
From: Glenn D. Rudolph  Read Replies (4) | Respond to of 164684
 

I am thinking about how this amzn stock trading machine works. Correct me if I am
wrong but if the float is 5,000,000, nearly every day for the past week that number was
exceeded. The stock is being churned by the same groups every day. I am trying to
understand the pattern of "rise in the morning and rise in the afternoon" with an interday
Siesta.


Peter,

You did a wonderful job of analyzing interday trading. You must have spent a lot of time on it. I do not disagree with your theory. I do believe the party is over and the very strong close Friday was option related.Monday will be a good indicator.

Glenn