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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.60+1.5%3:59 PM EST

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To: Sarmad Y. Hermiz who wrote (40690)2/17/1999 6:31:00 PM
From: GST  Read Replies (1) of 164684
 
Nope, today I think it was just the slow, cool hand of strong American hands selling to quivering, weak American Hands. -g-

Two themes emerge -- why the low volume and is the money rotating, piling up for a bounce or leaving. The men in grey suits are arranging for some of it to leave (which triggers reallocation from stocks to bonds, even as the bonds are being sold off) -- and the American family is probably taking some off the table -- the institutions are raising some needed cash and maybe eyeing a little rotation -- and the day traders are glued to their sets with their little charting programs, waiting for the next big bounce in the uptrend <G>. The volume will pick up as more people notice -- the trend is down.
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