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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST

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To: X Y Zebra who wrote (60748)6/5/1999 11:31:00 AM
From: Sarmad Y. Hermiz  Read Replies (3) of 164684
 
>> With wrong, you may trade again, with broke... well, there is always hot soup at the mission...

I started to laugh out loud when I read that. Then remembered the posts on the AOL thread of people who lost family money that they cannot afford. And it will make a real bread and butter (and perhaps home and shelter) difference in their lives. I get really upset when I think of the insane method of buying the momentum stocks and what it has done to people who think they are "investing". There is a person at work who nurtured a little account into a high 5-figure amount. Then he got into the internet stocks lately, since they just could not be ignored. And with full margin. Well, for a month now, every day he has to sell a little to meet his margin. He's already lost more than half, and it just doesn't stop. I think there are many, many others.
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