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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.37+0.2%Dec 2 3:59 PM EST
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To: 16yearcycle who wrote (53849)4/29/1999 10:35:00 AM
From: Tom Kearney  Read Replies (1) of 164684
 
Gene - Aren't you surprised this didn't open lower? Isn't this likely to be the nadir? Dow is closing in on 11 grand and economy is pumped. Techs just taking a break, maybe.

Of course, I have little faith in short term expectations. The volitility just makes it seem like there's lots of easy money to be made. Would not be fazed by 155, too much.

CSCO is now my biggest holding. (I shed a little AMZN last week in anticipation of possible drop on es.) Had the market soared on AMZN I was gonna put it all in ORCL and assure myself retirement before 50, but now I may have to wait a bit longer.
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