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


To: GST who wrote (37647)1/29/1999 2:00:00 PM
From: IceShark  Respond to of 164684
 
It will take some time for this POS to collapse. The volatility has disappeared - only a 6 point spread so far - now funnymentals take over.



To: GST who wrote (37647)1/29/1999 2:01:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
I have 250 Amzn long/short shares. I sold(opened) 125 shares this morning at $119; I think that I will leave it open for the weekend.

The convertible bonds carry a 10-year maturity; so I figure the $150 plus conversion rate translates to a 10-year-out price target. :))))

But I am playing very very small(and quick) here!!



To: GST who wrote (37647)1/29/1999 2:13:00 PM
From: Yojimbo  Read Replies (1) | Respond to of 164684
 
GST/Jan - The 200 day moving average is down around 50 something.

it's actually 49.19, but as much as i'd like to agree w/you i'd argue that (to the extent any technical analysis is worthwhile) the 50-day MA of 104.85 is more accurate (errr, less inaccurate?). these things just move too fast for 200 days to mean anything.

also, and i hesitate to mention this, but the 50-day MA is on a clear trend.

y