Recent

% | $
Quotes you view appear here for quick access.

Amazon.com Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • pjlouie13 pjlouie13 Nov 21, 2012 11:11 PM Flag

    will cover some at 220.05

    Kenji,

    This 10% jump in 5 days equates to an annual return of 500%. So needless to say your going to see a correction next week. AMZN doesn't trade on fundamentals just ask Nasdaq6K. It's a trading stock. Any trader with a 10% gain will not give it up. Once the momo stops this pulls back hard. We are at a major resistance point, 3rd time at this level. Unlike last time we are on a down trend. Failed to break it today. Loaded up in a big way today in the 237-238.50 range. Patients and leave some capital in case it goes higher...but I doubt it. Have a Happy Thanksgiving! - PJ

    Sentiment: Strong Sell

 
AMZN
536.15+1.43(+0.27%)Jul 31 4:00 PMEDT