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

AMZN 234.05

+0.4%

12:15 PM EST

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To: Sarmad Y. Hermiz who wrote (121118)	3/21/2001 2:56:27 AM
From: 16yearcycle	Read Replies (2) of 164684

This is a very good post.Maybe the best ever. My favorite part was this: "First a rally, then sell-off, then rally, then panic big time. All within one hour. What the hell is this? How did these idiots get enough money to get into stocks in the first place? " I am so beat up that I sat here transfixed, literally in total shock that we weren't selling off. Any idiot KNEW ag wasn't going 75 and there would be an especially bad sell off, since we rallied in the am, God knows why. I stopped buying the sp April 1125 puts for 18, figuring maybe I fu*ked up. Sure enough, an hour later they were up 67%. I covered 20% so far. This whole thing is insane. We drove up, based on the greater fool theory and now we will collapse until the bears are being taken out in body bags. I have no idea when that will be, but the only folks who will survive this will be those who never prospered much in the bull run(investors); those who are lucky; and only the most talented traders. Everyone else is going to be destroyed.

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