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


To: Sarmad Y. Hermiz who wrote (41815)2/22/1999 9:48:00 PM
From: GST  Respond to of 164684
 
Just got back from errands -- AMZN could have a day trade effect, but the rest of the market flared up right to the end. The wind is at the market's back with the yen going down and conditions right for a rally. The question is 'what is the staying power of the rally?' I don't think it is here for long, but it has a big upward thrust -- no doubt partly due to some big-time short covering. I have no puts at this time, but will look at the market day by day. Perhaps Wednesday there will be a chance to re-enter.