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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: Spider Valdez who wrote (21881)10/16/1998 11:27:00 AM
From: Jay8088  Read Replies (3) of 164684
 
I still think anyone long stocks like AMZN has to be a nimble short term trader (Olu comes to my mind, or Jan ) - mainly because this is a bubble, period. AMZN stock price hangs on psychology and short squeezes. And I wouldn't call this market bullish either. At its best, there should be a retest of the low similar to 1990 bear market. If the investor pessimism peaks while DJIA holding 7400, maybe it is good to go long. But we could still get a enormous panic crash if Greenspan's skillful move fails.
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