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


To: H James Morris who wrote (13471)8/13/1998 2:55:00 PM
From: UFGator93  Read Replies (1) | Respond to of 164684
 
It looks to me like the volume today has been larger on the moves up than on the move down. I believe this is a bullish sign. I was really hoping that move down was going to hold and that AMZN wouldn't be able to break $130 again today. The strength of this stock continues to amaze me.

Somebody correct me if I'm wrong, but if AMZN recovers from that dip the way it has and then goes on to beat its high for the day, it becomes a very bullish sign.

Not that I want this to happen; I fear it. I'm still short several hundred shares at an average of around $110. Just hoping that it can't possibly break the $140 level again and that the triple top and subsequent decline is coming soon!

Damon