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


To: Rob S. who wrote (16074)9/4/1998 11:02:00 AM
From: OtherChap  Respond to of 164684
 
Amazon manipulation, yet another method:

Watch CNBC, have it right next to your trading screen.

Now, have a tick-by-tick window open showing each AMZN trade. Notice how the volume is generally steady? Ok, now keep watching the volume when CNBC cuts to that guy in front of the Nasdaq "big wall of TVs" that shows all the current prices. As soon as the cut to him, AMZN is flooded with tiny 100 share buys, with roughly 10 times the normal volume, for about 30 seconds. The only reason I can see is that the MMs want people to see a "higher" quote than there actually is, to try and reinforce the image of "The Thing"



To: Rob S. who wrote (16074)9/4/1998 11:14:00 AM
From: IceShark  Respond to of 164684
 
Rob, That is an important figure to watch - the out-flows have not accelerated - have decreased from the previous week.

That was for ALL equity funds. If you separate outflows between foreign equity and US equity mutual funds, outflow from US equity funds did increase week over week. Now the sampling method utilized and conclusions drawn are subject to plenty of error, but the trend is what the trend is.

Regards, IS



To: Rob S. who wrote (16074)9/4/1998 2:27:00 PM
From: Skeeter Bug  Respond to of 164684
 
rob s, the dog is sufficiently big so as to make a smaller tail impossible to wag it ;-) we need more money or we go lower. much lower. i hear the fed isn't printing money the way they used to. fewer dollars = smarter dollars ;-)