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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 228.29+1.0%11:13 AM EST

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To: Olu Emuleomo who wrote (20799)10/8/1998 3:29:00 PM
From: zax  Read Replies (1) of 164684
 
SHORTS,
Cover NOW! This is a capitulation day! You will watch your profits
disappear!

--Olu E.


You are just plain wrong, OLU.

I will continue to emotionally short pigly lemon tankers until the
high betas stop outperforming the small caps, for a fair amount of
time. The market simply cannot survive healthfully with twisted and
self interested ideologies like "the rich will only get richer, the
poor poorer" pervading ad infinitum, IMO. This trend/ideology may
have its place short term, but is destructive of wealth for all when
it goes on too long. The bull market is over until this trend
changes, IMO. The small caps have been slaughtered for months on end
now.

Note even today the trend continues:

Description Last Change %Change Day Low Day High Date/Time
High Beta 842.92 -46.50 -5.22 841.67 889.42 1998/10/08 14:06:00
Wilshire Small Cap*** 408.02 -27.74 -6.36 407.73 435.76 1998/10/08 14:06:00

I'm quite happy with my own perceptions and understanding of the
market, at present.

I hope you are happy and find success with yours.

JMHO

-- Eric
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