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


To: Glenn D. Rudolph who wrote (46119)3/17/1999 10:04:00 AM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Glenn,

>> What do you believe is going on?

The open volume was 26k at $131. Negative. The per minute trading volume is very low. Means traders are waiting for direction from big players. It could go either way. But as long as volume stays low, price will drift down. Perhaps to the support levels that Mark indicated. I am letting my short shares run. But will cover partially at $128.