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

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: Oeconomicus who wrote (1666)	2/24/1998 2:22:00 PM
From: Don Westermeyer	Read Replies (1) of 164684

This whole market rally over the last two weeks looks like capitulation You bet it does. I hated to bail but my AMZN position was not all that large anyway. To be honest I may bail on YHOO also (I'm about even on that one). Actually had I known the 'news' of CDs was driving the stock I might not have bailed. The stock will likely slide for a while just like YHOO did after its recent squeeze. I guess I could re-short :). graduates of "Daytrading School" LOL - I read in SmartMoney magazine on how many people are getting addicted to trading in a similar manner to gambling. IMO the only thing that will kill the market is a good inflation scare to drive up interest rates a little. I'm not exactly sure how to play this market. I may buy into COAGX that has a lot better track record than BEARX. COAGX is currently 36% short.

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