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


To: Steven W. who wrote (34916)1/14/1999 2:00:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Steven -- Are you talking about AMZN? Do you mean 300 pre split? I have been suggesting 100 by tomorrow and a break in support (if there is such a thing for this stock) to more like 50. The odds of breaking down to that support in the next week are hard to calculate. But once the snowball starts to roll, I can't see anything to stop it from going to the bottom of the hill. Because I don't see this so much as a money making opportunity for shorts (risky), I suggest avoiding losing money by buying the dips. (I keep saying, the trend is down).