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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.24+2.0%10:40 AM EST

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To: HG who wrote (100813)4/14/2000 9:48:00 PM
From: re3  Read Replies (1) of 164684
 
happy - is this passage from your profile in good taste ?>Those who know they can - Do ; Those who know they can't - Learn ; Those who don't know anything about it - Teach

just wondering...

i really believe that the nasdaq will go to 600 at some point...it has nothing to do with personality or having a dark side. i believe that a fair pe ratio for the nasdaq is 20, not 200 (i can't say what it is now but my understading was the index pe was over 200 at the peak). there are always new companies trying to take the market from old ones and the future stars may not even be in the nasdaq index right now.

and as far as this bit : 'all the longs here at their most vulnerable moment...' - vulnerable ? sure, that is unfortunate, but some consideration imo should be given to selling and walking away.
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