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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.50-1.9%Jan 2 9:30 AM EST

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To: Robert Rose who wrote (97749)3/29/2000 7:18:00 PM
From: Si_Detective   of 164684
 
My brother, a very smart man(at least he think he is:), sold all his stock last Oct, anticipating a stock crash due to, ahh year end selling, then Y2K, then tax selling, then simply "stocks are just too high". He called me again today and asked if I'm doing okay in the market, I told him I've a 10% haircut in my portfolio today, but I also told me that it'll take a much, much larger drop in my holdings to put me into negative this year!
For market to go back where it was in Oct, it's like 40% drop in Naz ? I am sure all these people who has missed this huge run and is holding sizable cash can't wait the Naz to drop that much to get into market.
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