Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 240.87

+3.4%

Jan 6 3:59 PM EST

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To: Glenn D. Rudolph who wrote (96425)	3/14/2000 7:15:00 PM
From: Bearded One	of 164684

NAZ approaching 10 percent correction territory. We should rebound when Naz touches 4600 level, but i don't want to assume anything. I would tend to agree. I assume 4600 is the 10% level? I never looked. Silly silly silly. I thought this bull market was different. Well, if it's different going up, it can sure as hell be different going down. That 10% historical 'correction' number cannot be separated from other historical numbers like P/E ratios between 10 and 20. Since our P/E ratios are very different, our 'corrections' may be very different as well.

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