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 227.35

+0.3%

Dec 19 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Randy Ellingson who wrote (22282)	10/19/1998 10:10:00 PM
From: Bill Harmond	Read Replies (1) of 164684

>>by what measure did the bear market last more than a year when the markets were at their highs in May and again as recently as July The cumulative advance/decline line. Starting in early/mid 1997, the number of stocks declining started outnumbering the stocks advancing, and it became progressively worse throughout the 15 months, culminating in this recent panic that finally hit the big-capitalization leadership. The averages are capitalization-weighted, so the big stocks declining really made headlines. It's interesting that the Internet stocks started their stunning advance about the time that the broad market topped. I think that is due to the disinflationary nature of the decline which supported valuations, and the fact that these companies are so new and growing so fast that they had nothing to lose during this cycle.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next