Sybil_rulez: " 80 point drop comming, folks - to coincide with a 3% down day on the majorz...."
Wow, asking Sybil for advice? That shows how stupid and desperate you're. Hahaha . . . .
. . . "What was that spectacular drop in the general market that we saw this past Monday?"
The DOW will recoup everything lost on Monday tomorrow.
Stranger things have happened with AMZN.
If Greece left European Union, the global stock markets would rise, but now that bankrupt country is trying to get financial aids again. Bad for global economy. (Greece has persistent trade deficit. They'll never be able to pay back what they borrow.)
If you're bullish, she seems to be poised to go higher.
If you're bearish, she seems to plunge.
In other words, she can seem to go either way, depending on your "biased" perception.
I'm staying away.
Having a cup of weak coffee now.
She should be slightly below $435 now. (10:16 a.m ET)
Shorts here must be eager to keep her strong today.
I'm giving up my hope to buy calls cheap.
"At 9:39 a.m., AMZN's fair value cannot be $437.93."
"At 9:39 a.m., AMZN's fair value cannot be more than $437.93."