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Technology Stocks : BAMM - BOOKs A Million (BAMM) .. the next Amazon.com ???? -- Ignore unavailable to you. Want to Upgrade?


To: Marty Rubin who wrote (731)2/5/1999 2:21:00 AM
From: SkyDart  Read Replies (1) | Respond to of 1196
 
Not the point.

Don't just look at price.

Must also analyze volume, volatility, OBV, MACD, Price Rate of Change, etc.

Also notice where stock has based.

The point is that technically this stock HAS to bounce.

12 million shares today and a bounce through the 100 day, 50 day and 20 day EMA's have changed its momentum, and we will not be able to escape extreme volatility for at least the next few days.

Good bet that through it all we will see more upside action than downside.

JMHO

Dart




To: Marty Rubin who wrote (731)2/5/1999 8:55:00 AM
From: Wayners  Read Replies (1) | Respond to of 1196
 
I don't think that's what happended. They had an analyst on not somebody from AMZN.



To: Marty Rubin who wrote (731)2/5/1999 2:12:00 PM
From: Mr. Generic  Read Replies (2) | Respond to of 1196
 
No Marty: CNBC simply had an Analyst on the Boob Tube who ....

...... did not mention BAMM by name, BUT did conclude with the cryptic comment that a "bricks and mortar operation could fit in somewhere into AMZN plans".

Notice how the MM's are holding BAMM flat today (with the market down heavily in general). I'll bet it's to allow for bigger players or insiders a chance to accumulate before an announcement.