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: Timoteo who wrote (12030)	7/29/1998 10:43:00 PM
From: Rob S.	Read Replies (3) \| Respond to of 164684

It was very interesting to watch the ticker: I expected some late-in-the-day buying as we have seen before but whatever buying there was was crushed. It looked to me that there were some large holders doing selling; large trades being masked as rapidly executed orders or patterned sells. I think AMZN is headed down as most momentum players will not touch enough to break the major trend now until it starts looking technically oversold (it's got a long, long, long way to go before being fundamentally oversold). See, just when I decide to start covering it crashes! One hour later and I would have held off for another couple of days. What's your guess on the AM?