Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.61

+1.6%

1:37 PM EST

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To: GST who wrote (145555)	8/15/2002 6:13:07 PM
From: Gary Walker	Read Replies (2) of 164684

GST, I stuck my leg in the water. Don't fight the tape is the word. The "Execs in chains" didn't get the continuing negative response I thought. Even US Scare and United didn't phase the market, only Aerospace for a moment. Then they bounced. Maybe all of the bad news was priced in with the big drop in July. Seems that the momentum is up....for now. Less likely that the fed will have to intervene. Low interest rates and tax cuts should get the economy going. Not in time to save the "dumb" companies. QQQ is at extremely depressed levels...bargain basement. My first "tech" purchase since liquidation in 2000. Bought QQQ yesterday, BA, UTX on dips. KMP and oils are core holdings.

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