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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 244.25-2.0%3:59 PM EST

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To: KeepItSimple who wrote (68025)7/17/1999 12:17:00 PM
From: John Donahoe  Read Replies (2) of 164684
 
RE: It seems as though the market gets more insanely overvalued every day, but that doesnt have any effect on investor enthusiasm- it actually breeds more complacency and mania. It looked as if interest rates would do the trick, but Greenspan rolled over and said "Bubble? What bubble?" and the tequila began flowing again.

I take it then you are mostly in cash or gold? Except for short forays into options.

Did you read this book by Howard Ruff?

amazon.com

He is a modern day Cassandra who also wrote a book in the late 70's called: 'How To Prosper During The Coming Bad Years'.

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