SI
SI
discoversearch

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: Glenn D. Rudolph who wrote (15094)8/28/1998 4:12:00 PM
From: Rob S.  Read Replies (1) | Respond to of 164684
 
Smart move . . . it sold off near the close. The bears are moving in unison with the market momentum at their backs!

I had entered a low-ball order to cover some of my JAN calls and it got executed this morning. I should have sold it again this afternoon.

The large volume to the downside was significant. This will move the TA indicators even more strongly bearish. Remember how the volume on the rallies was much lower? This shows a real problem for bulls to try to collect momentum for a significant rally, IMO. From here out, if the stock tries to rally, just sit back and watch the fun and sell into it as it fails. This should be a short-sellers and traders stock for a while.