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


To: Dwight E. Karlsen who wrote (7671)6/25/1998 11:15:00 PM
From: Jeff Mills  Read Replies (1) | Respond to of 164684
 
<<Today was definitely distribution day. 9 million shares traded, and closed down.>>

Ok--see if this makes sense. I have read 4-5 posts tonight saying AMZN closed down on heavy volume. I am not sure if you all are just blasted or were just not watching the stock trade today. If I recall, AMZN was trading around $103+++ at 3:40-3:45 today. Volume was about 8 1/2 MM shares. At that point the stock was up--what $3-$4 bucks? Then 500k shares come in and knock it down to $99 and we conclude that "Today was definitely distribution day. 9 million shares traded, and closed down." Your logic seems/is flawed.



To: Dwight E. Karlsen who wrote (7671)6/26/1998 9:04:00 AM
From: craig crawford  Read Replies (1) | Respond to of 164684
 
Sorry Dwight, I composed a long reply to your post and I kept getting "requested page not found" so my response wouldn't log. I messed around doing some other things later and tried again but then my computer crashed so it was lost.

I don't have the patience to type out another message right now!