Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

AMZN 226.19

-1.8%

Dec 12 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: fedhead who wrote (42368)	2/24/1999 10:39:00 PM
From: Bill Harmond	Read Replies (1) of 164684

>>Do you get the feeling that too many people follow the same indicators leading to this kind of volatility. Absolutely. However discount models are the Holy Grail on Wall Street, and it was the long slide in bond yields from 1981 until last year that got us to these high stock prices. I have to think that the bond yield breaking above (and staying above) its 200-day average has people very concerned. >>I believe looking at the long term is the only way to be successful in these turbulent markets. I think you're right, particularly since the group is finding sponsorship again after a deep correction. I'm thinking we may retest, but I don't think lower lows are in the cards yet. It's just a hunch, because a bond breakdown has no fundamental cause...especially with a strong dollar.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next