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

To: The_Guru_00 who wrote (31481)12/28/1998 9:13:00 PM
From: Jan Crawley  Read Replies (3) | Respond to of 164684
 
Do you have any "ideas" regarding to the fast/sudden drops of 30 points in both Yhoo/Amzn around 2:30 p.m.?? Are MMs and day traders playing games with each other??

Thanks.



To: The_Guru_00 who wrote (31481)12/28/1998 10:46:00 PM
From: tonyt  Read Replies (2) | Respond to of 164684
 
>Money managers can sell now and still show a sexy stock like Amazon or Yahoo on
>their year end portfolios because the trades won't clear until 1999.

Don't matter. They account on a trade-date basis, not a settlement date basis. If they sell before 12/31 it ain't in their portfolio


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