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

To: RFF who wrote (24713)11/6/1998 11:44:00 AM
From: Jan Crawley  Read Replies (4) | Respond to of 164684
 
I placed a $124 buy order earlier this morning and missed; I am only trying to catch $2 or so. But it's Friday, not sure if we want to do any day-trading as the day progresses. (I am holding 500 short shares, not box-trading like Glenn does, just trying to buy, then sell quickly and hoping for a profit.)



To: RFF who wrote (24713)11/6/1998 1:31:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
No luck trading AMZN today. Doesn't seem to want to make sizeable moves to the upside when the Dow rallies. Seems to start a move and then run into selling pretty quickly.

RFF,

There is large distribution into any rally. If the buyers stop, it will fall fast.

Glenn


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