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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.88-0.8%Nov 17 3:59 PM EST

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To: Glenn D. Rudolph who wrote (92395)1/28/2000 4:44:00 AM
From: dbblg  Read Replies (1) of 164684
 
Glenn,

I'll leave the conspiracy theories to KIS, but I think the chances of a (short-term) rally are pretty good here, though I'm not going to try and trade it. We've had a couple of the sort of sudden, stomach-churning intraday plunges which usually indicate someone ignoring William's advice and "writing a script for the market" with options; I would guess that script included speculation that DELL would miss, and that it would spook the market, and/or that the early Jan. (S&P) lows would be taken out and trigger technical selling. Looks like that's not going to happen...

(I'm still bearish, but still about as fully invested as I ever get.)
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