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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: Bill Harmond who wrote (40143)	2/15/1999 5:44:00 PM
From: GST	Read Replies (1) of 164684

William--bubbles don't chart well. I think there is plenty to indicate that those who have been bullish on the nets will not see the shift in the trend until it is way to late to do anything about it. If you buy the dips -- whether it is 117, 96, 70, 50 or what have you -- you stand to lose money in a downtrend. If you think the trend is up, you will make costly mistakes -- I think that has been happening to lots of people on the way down -- and I think it is going to get worse. When the trend becomes 'obvious' we will see volume pick up.

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