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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.69+0.1%3:59 PM EST

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To: Sarmad Y. Hermiz who wrote (58632)5/26/1999 11:13:00 AM
From: 16yearcycle  Read Replies (1) of 164684
 
I just have never done it that way, Sarmad. Probably 10 years ago I read an interview with Buffett where he said he always buys on a downtick. He went on to say that it was probably the wrong way to do it but that was what he did. It doesn't bother me when the price drops afterwards. I hate it when it goes up, since I want more. The only time the drops bother me is when I have set a bottom price and the price blows through it and I am margined and can't act. I feel real pain then. Nas at 2270 will cause me pain because there won't be much I can do with it; will just have to weather the storm.
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