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


To: OtherChap who wrote (22405)10/21/1998 9:53:00 AM
From: OtherChap  Respond to of 164687
 
Charles Schwab indicator says the market is going up!

The most reliable indicator I've seen for upward movement in the internet stocks is whenever Charles Schwab is so overloaded that every command takes minutes to execute (or 5 minutes just to log in).

This is due to millions of newbies scrambling to place trades, most of them "buy on dippers".. And remember, Schwab has the most volume of any firm when it comes to Amazon trades. (Glenn posted a report ages ago)

Looking for a big pop later in the afternoon. Which is good, because I am going long right now with in the money calls.