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

To: IceShark who wrote (17394)	9/16/1998 11:17:00 PM
From: Rob S.	Respond to of 164684

I wouldn't think that there would be many put holders at strikes that needed to be covered to have that much effect on the price or volume - not when total volume is over 6 mil. It's not important anyway - at least not to me because I'm still on the sidelines. I would not bet on a pull-back in the stock until after it reaches at least 90-94. It may even take a quick stab above that level. The volume and strength of the move was impressive. The TA looks like a bounce is likely. Who knows, this could carry NZMA up to the 105-110 level again before it runs into major resistance. It is a tough one to forecast - but just about every active stock is in this market.