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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 239.06+0.4%Jan 16 3:59 PM EST
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To: H James Morris who wrote (60340)6/3/1999 10:26:00 PM
From: 16yearcycle  Read Replies (1) of 164684
 
"Where are the Amzn bears?? I'm starting to feel awful lonely"

You have got to be kidding. Amzn drops 114 points and there have never been more bears. Anyone holding or buying now is mercilessly ridiculed, even if they posted sells above 200! With regard to tech stocks in general,everyone is talking about the summer swoon and summer tech weakness. I suspect that you, at least, have been around enough, to to remember the phrase, "summer rally." Check a chart of MSFT's yearly highs the past 5 years or so. Take a look at the si bull/bear ratio vs. a major tech index. Interesting, isn't it? Look at what rates did last year vs. now. They overlap almost perfectly. When no one expected it, there was a huge tech rally starting around June 20. The deflation scare burst the bubble. Will there be a deflation scare this year?

You'll cover soon and you know it. I am not sure why you even post here when I suspect that your amzn shorts are less than 2% of your portfolio.
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