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


To: Jan Crawley who wrote (40236)2/16/1999 12:15:00 AM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
Jan,

<I am not good at spotting trends, but have some "feeling" about short-term trading ranges. The open interest suggests narrow trading ranges for the short term.>

We have seen the trading range get narrower than what it was. It is the gap up at the open that is scary. Fortunately it has not happened in a while. It used to happen everyday. With the exception of 3 days in the past month, amzn has been closing near the low of the day. Maybe tomorrow is an exception.

-Sarmad