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Strategies & Market Trends : AMAZON.COM RIDICULOUSLY OVERVALUED BY ANY MODEL (AMZN)
AMZN 257.04+5.2%10:13 AM EST

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To: Candle stick who wrote (101)5/30/1998 11:47:00 AM
From: george eberting  Read Replies (2) of 182
 
Candlestick: I just finished reading every single post on this thread. What a fascinating trip (with lots of little side excursions). As I wandered from idea to idea, I began to realize that it's not just about Amazon being in the stratosphere. It's also about the market in general being in outer space. By all historic indices, we are badly in need of a substantial correction. The market has been ignoring the meltdowns in Asia and Russia. It has not even noticed that Pakistan and India are about to start throwing Nukes at each other. One of these days some event is going to slap the market hard up along side the head, and then we will all wish we were short on companies like AMZN. (Yes, Victoria, you can get just as rich in a down market as in an up one.) As a result of this morning's safari along the Amazon, I'm going to completely re-think my investment strategy. Thanks for the wake-up call. George E.
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