Amazon.com, Inc. (AMZN) Message Board

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

AMZN 234.70

-1.2%

Nov 14 3:59 PM EST

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To: H James Morris who wrote (117989)	2/17/2001 1:39:13 AM
From: Glenn D. Rudolph	Read Replies (1) of 164684

Don't try to catch a stock on the way down, the conventional advice goes; wait until you see evidence that the trend has turned. For once, I think the conventional wisdom is exactly right. There's no point to buy a bargain stock that just gets cheaper every day. Wait until that stock establishes a pattern of heading up. James, This is the next lesson over thelast year. First it was don't fight the trend which I guess is close. The othe ris there is no rush to buy. Wait until the stock starts heading up and I have not learned that too well but if the pain continues, I will get better<G>

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