SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Sarmad Y. Hermiz who wrote (48459)3/31/1999 8:30:00 PM
From: Jan Crawley  Respond to of 164684
 
But also, the depth of the drop from 175 to 165 surprised me. I wonder if the longs are nervous !

Sarmad, that does not surprise me coz I saw them often in the past during volatile "general market" and "amzn specific" days. It normally happens fast, such as day-traders pile on up and down, but the downs are sharper and faster and often with a quick bounce back.

I have to thank GST today for the "hello" post right before the "sell off"..I was alert and quickly change the sell price to Mkt and got $113 3/8, then I did not set limit buy quick enough and watched it went down, and MKT buy and got $168 1/2.



To: Sarmad Y. Hermiz who wrote (48459)4/1/1999 9:08:00 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>> But also, the depth of the drop from 175 to 165 surprised me. I wonder if the longs are nervous ! <<
Down to 165 surprised me too. Don't wonder about the longs. They've all got nerves of steel. It's the un-hedged day traders that are nervous because of the volatility.
I think or hope we have more today. Volatility that is.:-)