Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: IMPRISTlNE who wrote (6993)	6/21/1998 11:23:00 PM
From: Peter Church	Respond to of 164684

Having read all the bullish and bearish arguments posted the last few weeks on this thread, I feel that the debate remains undecided. It's apparent to me that the stock action over the past 10 sessions was boosted by day traders. Fundamental arguments are only good for the long term. The short term is a gamble, either way. The only thing that matters are: 1) news items that would create more greed or fear for the traders and or investors in the stock 2) The overall tone of the stock market 3) The individual decisions of big traders on whether to take their profits or keep money on the table. Can't figure out what the short term will be. If the stock opens up tomorrow, I think there's a very good chance of the uptrend continuing. The mid-day action will show that more clearly. This has been the day traders game and you've got to see it short term to understand the action. Any bears have a game plan if the stock opens up tomorrow? Disclaimer: I have short positions and puts to defend from a further loss.