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: 16yearcycle who wrote (57154)5/17/1999 6:48:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164685
 
Eugene,

I am totally amazed (and maybe so are you) at the reversal today.
Many times people say "these idiot net traders. They just buy a stock just because it is going up." Well I think it took some guts to buy amzn today in the 120's as you and a few others did.

Congratulations on a lucky buy. I hope you don't mind my calling it luck, 'cause there was no way to foresee the turn today. I had scheduled the reversal for tomorrow at 2:30 PM. But they ran ahead of me.



To: 16yearcycle who wrote (57154)5/17/1999 8:49:00 PM
From: jebj  Read Replies (1) | Respond to of 164685
 
>"AMZN is falling on heavy volume.....

And it will keep falling as long as potential strong hands blow their buying power at these levels. They should wait for tomorrow afternoon. There is no way the drop will stop before the Fed meeting, and every possibility that we'll see a selloff if the meeting produces bad news. "

Unfortunately for my pocketbook, that's what I felt as well! :(

jb


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News