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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (18750)1/10/1999 9:45:00 PM
From: Electric  Read Replies (1) | Respond to of 42787
 
dennis,

My play is to watch AMZN in the AM, I think with YHOO and the earnings just around the corner, the downside will be limited. Do you have any idea as to why the violent drop occurred? I was watching it RT, and YHOO really didnt get banged up in the way that AMZN did. Was there news? I didnt see any, but that shows you when one sheep jumps the others jump with as well.

I did like the bounce back on both drops, and another bit of info.. The ask size was enormous during the fall, well over the bid which makes me think it was a tiny over-reaction by MM's. I would have loved to have had level 3 to watch that..