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

To: 16yearcycle who wrote (57723)	5/21/1999 11:24:00 AM
From: Sarmad Y. Hermiz	Respond to of 164684

>> Now THAT is hysterical! OK, let me sell you my shares at 200 on 7/1, and I declare you the winner! Oh, Eugene that message had WH in mind. He DID NOT sell his shares at 200 because he was expecting a much higher price. So I am just saying the run to e this time will be lower. I am not saying amzn goes down straight from here. my position is : 1- the low for the quarter is lower than here. More likely 100 or less. 2- the high will be much less than 220. More likely 160. Can you buy here and profit ? Of course. It was 138 yesterday. 3- the spike up from 122 a few days ago was weird and not part of the trend. Some greater fool fund started buying everything in sight and traders piled on. My guess is the fund sold higher. And probably will repeat the trick. But at what level ? 122 again ? Maybe. But my guess is 115.