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

To: HoyaBob who wrote (27937)	11/23/1998 11:31:00 PM
From: John O'Neill	Read Replies (2) \| Respond to of 164684

<< Squeeze question: How can you verify the squeeze?>> It seems that the price action shows the squeeze.....It's hard to imagine anyone buying at these levels for an investment. It could be accentuated by shorts boxing their positions (by buying the stock) at the end of the day thus creating the move up. If the momentum breaks and boxed positions sell AMZN there is no downtick rule preventing them from re-establishing a short postiion this way. This negative momentum could cause other boxed players to sell and snowball...I guess the question is how high it can go before it crashes...... Comments?