AMZN is at key levels here and I’m leaning a little bullish headed into Monday. We’ll see how the market influences institutional buyers. They may want to push the market down for better prices, but they can’t without global news (fear). Let’s keep an eye on Japan and the oil producing countries that are battling themselves.
In the coastal city of Sendai which was hit by a 10-meter (33 feet) high tsunami following the quake, employees at a facility owned by Freescale, which makes chips for Amazon.com Inc’s Kindle electronic reader, were evacuated and the plant has closed.