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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.22+1.8%Nov 28 4:00 PM EST

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To: memflyken2 who wrote (55232)5/5/1999 8:14:00 AM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
>> Sarmad, you ask "what caused it?"

C'mon: this nut has made NO sense, for months. And now everyone's shocked that it's tanking?
<<

Not shocked. More like stunned ! But seriously, the question is why did amzn start the day up 8 pts, then hold it there for 7 million shares, then promptly at 2: PM drop 15 pts ? And, and this may be significant, the dow, nasdaq, and all the other nuts fell off the cliff at the same time. Someone later told me the bond market closes at 2 PM, and the bond triggered the drop in stocks.

I am consoling myself with that explanation, and look for a rebound today.
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