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


To: Jan Crawley who wrote (49050)4/5/1999 7:43:00 PM
From: KeepItSimple  Respond to of 164684
 
>Sarmad, don't be frustrated, and don't use any logic right now

Great advice, as long as stocks keep going straight up with no regards to logic.

The trick is that you assume everyone will be able to get out before the inevitable collapse occurs. By definition that is impossible. :)



To: Jan Crawley who wrote (49050)4/5/1999 8:13:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Hi Jan,

I have noticed that when amzn goes up big one day, it usually gaps up the next day, though it might not hold its gap. I did actually recover $80 k in February and small amounts in March. I am frustrated because I said many times that I thought amzn would run up ahead of Q1. I just didn't think this much.

You know so far we have not had a large volume day on the upside. I really wonder if that will be a sign of the reversal. Of course the real sure sign is when William and Mark sell their shares.

I think the bulls want a high beyond 200. So probably it will happen.

Everyone is waiting for yhoo Q1. The expectations are laughable : 9 cents. I guess if they report 10 cents, that will be considered "blowout earnings".