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


To: Mike M who wrote (43377)3/2/1999 11:29:00 AM
From: Sarmad Y. Hermiz  Respond to of 164684
 
Mike,

>> I think it is even money that we have seen the short to intermediate term top for AMZN....for this move!

I am more cautious this time. And of course, one day does not make a trend. I am looking close at the volumes for the up and down moves, and it seems the up-trend reversed yesterday. But I am not rushing yet.

I will not be disturbed if amzn goes up to 140 or 150. I agree with Jach that at this point, increase short at each 10% increase in price. Right now it does not want to go up, today. Unlike previous 8 days, when it did not want to go down at all.