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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: GST who wrote (89762)	1/5/2000 1:34:00 AM
From: dbblg	Read Replies (2) of 164684

>>That is what the market is telling you -- are you listening? Hi GST, w/all due respect, isn't it a little early to be drawing such strong conclusions about "what the market is telling" us? I mean, most of the stronger stocks I follow haven't even closed below their momo moving averages, let alone tested any more significant levels. I'm not saying they won't, btw. I just don't have a clue what will happen, yet, and have found that trying to be early isn't a very high-percentage trading play. FWIW, I'm watching some of the low-float stocks which looked an awful lot like they were being marked up by mutual fund managers hoping to join the 100% club at the end of last year. (cf RETK, which more than doubled after one of its underwriters initiated positive coverage; imo pretty blatant example of momo types seizing any excuse to wreak havoc w/a low-float stock) If they hold/bounce around where they started their last push upward, I'm guessing you'll have to wait a while longer for your "hairball"... best of luck, Ganesh

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