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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 244.25-2.0%Nov 12 3:59 PM EST

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To: KeepItSimple who wrote (32017)12/31/1998 5:50:00 PM
From: Steve Yuan  Read Replies (1) of 164684
 
KIS,

The good thing about stock market is that nobody can predict what will happen the next day. Since everyone expects a bloodbath next monday, the expected bloodbath may not happen. Even if it happens, many are waiting for the chance to get in. Most of my friends have sold many stocks to raise cash for monday's bargain hunting. I am sure lots of retail investors have done that too.

The bad media coverage is actually good for stocks next monday. It should cushion the impact of profit-taking next monday.

Let's wait and see. Next week should be very interesting.

Steve
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