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


To: Mark Fowler who wrote (25656)11/11/1998 1:04:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Mark, Amzn's MMs and traders will "quickly" drop their bids whenever they "smell" a large sell order/orders. They will all be shorting as the selling takes place. then they will quickly cover their shorts. This creates Large/sharp/sudden drop/recovery. It happens quite often. But most likely around $5 or $7 ranges, not the "$15" range.

Just my observations in the past months.