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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.22+1.8%Nov 28 9:30 AM EST

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To: Glenn D. Rudolph who wrote (4843)5/29/1998 10:50:00 AM
From: Candle stick  Read Replies (1) of 164684
 
These gap up mornings are getting all to common....I mean, the market jumps in the first half hour of trading, and then trades back to flat or negative by 11 am...Nasdaq especially moves like crazy, from up 8-9 points to down 1 now...

I can't believe there will be a lot of new buying going into a weekend, especially with all the turmoil going on around the world. Who knows what could happen over the weekend? Nukes in India, political unrest in Russia, Hong Kong collapsing, Asia crises spreading everyday to new countries and even here , in the grand ole U.S. of A. earnings forcasts going forward are being lowered everyday and that with the highest P/E ratio for the S&P 500 EVER!!!!

So who is parking all this cash into the market on a Friday? Certainly braver souls than I. I actually believe the market will close down over 100 points today......;^)
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