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


To: KeepItSimple who wrote (32422)1/4/1999 11:43:00 AM
From: CookiePuss  Respond to of 164684
 
<<<Nah, I might pair back on some of the puts though- i'm worried that internet retail players focus only on the stock price, and tomorrow amazon is going to be "cheaper" than practically every internet stock out there, in terms of absolute price.>>>

I would strongly agree. I was waiting to see what would happen with the Internets today before jumping in again, it certainly looks like they're still in favor. If AMZN holds up by the close we should expect a nice AMZN rally tomorrow at it's substantially "cheaper" trading price.

There may still be alot of $ to be made on the long side here just make sure you are on the right side of the momentum and your stops are in place.

Good trading,

Mike B.