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


To: Circle who wrote (33673)1/8/1999 5:35:00 PM
From: dennis michael patterson  Read Replies (3) | Respond to of 164684
 
DELL. All of this nonsense reminds me so much of Dell. Do you know how many times Fleckenstein called a reversal, bearish engulfing, reversal, etc., ad nauseum. For an argument to be convincing, one must have an argument, and that can only be anargument nased on AMZN's chart. I've seen action like today's countless times, where stocks just pick up and move up again. So don't be so confident. The guy who just posted about rading before and after options expiration may be on to something. It is certainly worth checking out. I plan to do it.



To: Circle who wrote (33673)1/8/1999 5:42:00 PM
From: Gil Gilbertson  Respond to of 164684
 
On the candle chart it shows a hi volume blowoff, that is , the stock
went to a new hi, churned bigtime volume up there then crashed to
close on the low with a volum of 32000 000 SHARES..There will no doubt
be violent rallies, but I believe that is the top reversal we have
anticipated and now we return to reality of such things as earnings
gross margins etc. They have enormous costs coming up with the
expanding warehouse in Reno and those profits might be elusive once
Walmart opens on -line....