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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.10-1.4%3:59 PM EST
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To: Rob S. who wrote (62426)6/14/1999 3:38:00 PM
From: KeepItSimple  Read Replies (2) of 164684
 
> The psychology is getting close to the point of panic

Very close. If that day does come, these stocks are going to drop 50% in one day. Stocks will be halted, gap down, and portfolios destroyed.

I'm placing a few absurdly out-of-the money puts on all the net leaders, just for laughs. But I've made my money. took the chips off the table.
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