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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 244.41+0.5%Nov 7 3:59 PM EST
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To: Gary Walker who wrote (32336)1/3/1999 5:41:00 PM
From: KeepItSimple  Read Replies (2) of 164684
 
Wow, tomorrow is going to be exciting.. The thing to remember is that there very well may be a coordinated effort to keep the market from tanking at the very outset- the best way to keep "undecided capital gain taxers" in the game is to convince them their bloated stocks are going to keep going up. They'll say "Hmm, guess they arent going to collapse, no need to watch the market tick for tick today"

Then the big holders will come in for a kill. I wouldn't even put a short squeeze attempt past this market across the whole tech sector- because the only people who are buying shares at these prices are shorts who are forced to cover.

In any event, within 2 trading days the bottom is going to come out. I just can't predict the exact hour. Expect a lot of headfakes.

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