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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.55-1.6%3:59 PM EST
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To: Rob S. who wrote (15206)8/30/1998 1:07:00 AM
From: OtherChap  Read Replies (1) of 164684
 
Mondays action will be like this:

Most of the internet stocks will rebound around 5%, at least at the bell (as in a gap).. But within 15 or 20 minutes they're all going to start heading lower. I intend to open put positions spread over AMZN and YHOO with 70% amazon and 30% yahoo within the first 30 minutes of monday, but I'm going to wait for the bounce.

We're in for another thousand point drop on the dow in the next month or so.. Remember, 80% of retail investors have never experienced a bull market. They've only seen stocks go up.
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