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: Glenn D. Rudolph who wrote (50491)4/15/1999 7:35:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Glenn -- When you have a stock move the way CMGI did today, you really have to wonder what is going on here. Even AMZN had a range of 150 to 170. And nobody is saying the volume is light or some such nonsense. Calling a top is a mugs game -- but when you see this volatility at these volume levels at these prices -- watch out mama. I remember black Monday 1987 pretty clearly. When the bids completely vanish, and when the sell orders just keep coming, no matter what you think you will do standing here today, the prospect of seeing the whole market in a free fall will drive lots of people off a cliff. BTW -- metals looked good today.