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


To: MR. PANAMA (I am a PLAYER) who wrote (19680)10/2/1998 3:29:00 PM
From: craig crawford  Respond to of 164684
 
I reiterate my stance that I don't believe in this rally. Obviously it would be foolish for me to try to say that AMZN isn't strong today, but I see it making progressively lower highs each time it rallies.

Obviously many traders want to be long AMZN ahead of YHOO's earnings release, because people think that YHOO will blow away the numbers and ignite a rally in the whole sector.

I think people are buying the rumor and there will be selling on the news.