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

AMZN 233.73

+0.2%

11:21 AM EST

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To: 16yearcycle who wrote (121145)	3/21/2001 7:13:48 AM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

>> Everyone else is going to be destroyed. A lot of portfolios are wiped out already. I wonder if there will be a second wave of selling due to fund withdrawals ? I have the impression that the selling lately is driven by hedge funds shorting. Generally the mornings are up (individuals waking up optimistic), followed by afternoon sell off, which is usually professionals. Anyway, yesterday was a sure sign to me that the speculators are not strongly committed either way. And so I am not worried by the selloff. I think we're going to have strong rallies and strong crashes even more frequently than last year.

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