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

To: Sarmad Y. Hermiz who wrote (40239)	2/16/1999 12:24:00 AM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

Gap up at open is largely due to day-traders trying to fuel the price movements, and the day-traders like to have gap opens by "default". Trading for a living largely depend on a "up market" and therefore that's always their first choice.(consciously or un-consciously as a group) If you have a small box position, gap up is a good way to day trade.

To: Sarmad Y. Hermiz who wrote (40239)	2/16/1999 12:28:00 AM
From: GST	Respond to of 164684

Sarmad--what I am interested in here is whether or not there is something worth knowing about -- a major shift in investment patterns by big time Japanese investors is enough to move the markets -- the Japanese are not big holders of AMZN (that I know of), they are not selling stocks that I know of -- but they are selling bonds and as they sell bonds rates go up here and fund managers, sensing a bargain will reallocate funds from stocks to bonds -- and highfiers like AMZN stand to take a fall. Thats it. Good night.