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

AMZN 244.41

+0.6%

Nov 7 9:30 AM EST

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To: Robert Rose who wrote (90188)	1/7/2000 5:00:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

We don't have this kind of pullback for no good reason. The reason is that the 'smart money' is taking profits. There is nothing wrong with that. But that is the trend. If you choose to look for really small gains, you can make money today. But that is a lot of work and be no means risk free. Good luck. Rob, I have a problem making a distinction between smart and dumb money. I believe buyers this AM did very well by afternoon. A few days of profit taking does not make a trend.

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