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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 234.70

-1.2%

Nov 14 9:30 AM EST

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To: Glenn D. Rudolph who wrote (40066)	2/15/1999 12:16:00 AM
From: GST	Read Replies (1) of 164684

Glenn--<William won't get hurt when AMZN fails> This is the thing -- to me, whether its William, Mark, Michelle or many others, there is a large group who cannot conceive of a change in trend for AMZN or other similar stocks. They view all declines as 'pullbacks' or 'corrections' or 'consolidations' -- short term down trends -- but they cannot for a moment seem to grasp the very real possibility that it is over -- the trend is down --period. They will get hurt (if not with AMZN then on something of similar 'quality'). The only way to play this market right now is to sell it and walk away -- an impossibility unless you change your mind and wake up one morning with the clear view in mind that THE TREND IS DOWN.

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