Timberlane what is your projection for tommorrow actions?
Hard to predict one day's action. But I am very confident that we won't see this evening's high again and AMZN will drift to $107 (2000 high, which is technical significant) no later than 5 trading days from today.
After that, we will see AMZN traded in tight range between $98 and $107 in months, which is good because many tech stocks will crash in this time period.
AMZN is still the best if not the safest stock to own. It will outperform the stock market. In the recession, it will become the best place to look for super bargains.