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


To: 16yearcycle who wrote (51997)4/21/1999 11:04:00 AM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
Eugene,

>> if you are right again, I will be amazed.

I will be amazed, too. My reason is this. Yesterday, all day until the last 10 minutes, the longs looked like garbage. I was actually down on amzn that I bought at 164 !!!

But today, even though the volume is decent, the lots are all small. So barring a run to new highs that brings in Olu's momentum crowd, there is a chance to go back to 170. Of course there is always a chance to go to 200, too.

But you being very long on amzn, how do you explain the dips into the 150's ? That was just a few trading hours back!