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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%Nov 14 9:30 AM EST

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To: 16yearcycle who wrote (120600)3/16/2001 11:21:05 PM
From: Victor Lazlo  Read Replies (1) of 164684
 
<<I would simply say that we should/could go to trough values of 84 and 74, and that would also get us to about 1300-1500 >>

You could be right but would we go straight down to there? I doubt it; sooner or later we'll get a mini rally like we had in Feb, but up to a lower peak, imo, then back to the selling.

Today I sold my USPIX NASDAQ short fund, had it 2.5 weeks, helped a lot. I think even a 50 pt basis cut next week will help a lot more than the pundits are assuming. And I am not expecting more than 50 basis pts.
Victor

SEC Reg FD: Victor Lazlo thought the mkt would stabilize when the Fed cut the second time. He was way wrong on that, so don't believe anything he says now !!
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