Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

AMZN 220.66

+1.6%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jan Crawley who wrote (15753)	9/2/1998 11:27:00 AM
From: Rob S.	Read Replies (1) of 164684

Yes, I think the market will move around a lot but won't soar up past 8200 on the DOW and similar, maybe a bit stronger on the NSDAQ - so I will be in and out and in again a few times. I think it is very possible that we will see a test of the lows. This is a technical bounce - the underlying market concerns regarding commodity pricing decline and recession in some countries has not changed. This will continue to have an effect on US company profits and growth. However, this problem is not new it's just that it takes several months before the bursting of the bubble overseas rolls on. The tightening of credit and adjustments to over-capacity in many industries takes time to work it's way through the boa - the analogy is that it's like a giant boa eating a small antelope - the antelope is swallowed and then takes months to slowly digest and be absorbed.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next