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


To: Rob S. who wrote (14232)8/21/1998 11:11:00 AM
From: OtherChap  Read Replies (3) | Respond to of 164684
 
If it weren't options expiration today, Amazon would be down 20 points. The great thing about monday is that there is no options activity. It looks like the formula goes like this:

A) The "players" have gigantic bets to make sure this stock closes near 130 today because of that incredible large call position they initiated.

B) Over the weekend people are going to read in the news that the market was down over 200 points

C) Amazon will get utterly destroyed on monday.