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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%Nov 14 9:30 AM EST

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To: Cap_Loss_Cfwd who wrote (59094)5/28/1999 3:55:00 PM
From: KeepItSimple  Read Replies (3) of 164684
 
Hmm. Just got back from a lovely 18 holes. Gorgeous weather. The NAZ, to my great surprise, has not crashed.

Volume is amazingly low.. I guess everyone has left early for the long weekend.

The downward pressure is still there. Everyone, and I mean EVERYONE on this thread who plays the internuts has stated they are buying on margin right now, or are already at margin limits. That is a recipe for a staggering downturn.

The end, amusingly, will by definition occur when "buying the dip" doesnt work anymore. I don't believe there is a single internut investor who hasnt been brainwashed into buying the dips at all costs. People on these threads werent complaining about losing 48 percent of their portfolio's value, they were all complaining that they didnt have any extra cash or margin so they could buy the dips!!

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