Amazon.com, Inc. (AMZN) Message Board

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

AMZN 228.88

-0.3%

10:23 AM EST

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To: Lizzie Tudor who wrote (148443)	10/6/2002 9:32:38 PM
From: fedhead	Read Replies (2) of 164684

Thats the problem. Too many people waiting for that selloff. So instead we get this slow bleed down that keeps everybody in. This bear wants to go down with the maximum number of people on board. There is no fundamental reason to buy stocks. So if you are buying based on oversold levels, too many bears or too many people are negative, you are hoping for a bounce from oversold levels. That may happen or it may not happen. I believe this bear market won't end till stocks are cheap again and Microsoft at 45, EBAY at 51 tells me have a long way to go before that happens. Anindo

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