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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 217.15-2.5%Nov 20 3:59 PM EST

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To: GST who wrote (108520)9/18/2000 9:25:08 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
>> Another couple of weeks grinding down

GST, I have the feeling funds have raised a lot of cash by now. Look at this way, could 400 million shares of intel change hands (since its downgrade) without somebody ending up with a lot of cash ??

Anyway, I don't know when the funds will decide to buy again. Maybe after the warning period ends. But when they start buying, share prices will jump up strongly, because I think all the proverbial weak hands will be out by then. I think the selling might last another day or two. Maybe thru Friday. But then the funds will jump back in. I have not seen anything more fake looking than this jump in oil prices.
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