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

To: Robert Rose who wrote (25792)11/12/1998 1:55:00 PM
From: OtherChap  Respond to of 164687
 
Interesting reversal- Amazon is picking up strength, almost catching up to Yahoo. However, today's volume is the lowest in over a month.

The extremely low volume leads me to believe that the only buyers at this price are shorts covering..



To: Robert Rose who wrote (25792)11/12/1998 2:20:00 PM
From: Glenn D. Rudolph  Respond to of 164687
 
I feel the say way. I have only shorted twice, during the Sept meltdown, but got dinged
both times. Also didn't like the fact that I found myself searching for negative news on
those companies. Just my psychological bias, I guess.

There is always the "unlimited" risk to the upside. I never thought it was unlimited until the net stocks came along.

I do not like looking for negative news either.

Glenn


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