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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 241.68-0.6%3:59 PM EST

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To: Bill Harmond who wrote (79704)10/6/1999 2:04:00 AM
From: Eric Wells  Read Replies (1) of 164685
 
>>we're looking at new highs now.

William - when you state that you expect to see new highs, are you talking about the indexes or specific stocks? Obviously, we'd have to go up quite a ways to see new highs in the major indexes - and even though we've seen a run up on the internet stocks recently, they are still, for the most part well off their highs. We are also looking at an advanced/decline line that continues to fall - and stocks hitting new lows continue to outnumber those that hit new highs.

Are you really predicting such an abrupt about-face in the market as to see new highs?

Thanks,
-Eric
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