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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.05+2.9%3:59 PM EST

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To: Glenn D. Rudolph who wrote (98732)4/4/2000 1:15:00 PM
From: Greater Fool   of 164684
 
Will the Nasdaq be down more than 500 points?

I'm happy this is happening. I'm losing my shirt, but this market needed a severe beating. People need to be reminded that the market is like a cute fuzzy animal that loves to be petted until one day when it suddenly whirls around and sinks its teeth in your arm.

The market movements are utterly unpredictable. It's a chaotic system, with heavily non linear responses to inputs. If the Microsoft ruling hadn't done it, one of Greenspan's rate moves would have. The only thing you couldn't know is which rate move would be the killer.

Hang in there. Technology is the right place to be for the long run. Let the plunge shake loose some speculators and "candle-lighters" and we can get back to business.
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