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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Tom D who wrote (63908)6/22/1999 6:49:00 PM
From: KeepItSimple  Respond to of 164684
 
Let's check that prediction on July 11.

> He also posted that all internet stocks would lose 90% of their value by July
> 11.



To: Tom D who wrote (63908)6/22/1999 7:39:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
>> Or do you just praise the ones he gets right?

I am treating this in the spirit it should be treated. As a joke. I usually post my trades. Mostly they are 200 to 1000 shares. The other day I saw KIS had posted regarding 11,000 option contracts. That's 1,100,000 shares. I can't take that seriously.

As I said earlier today, most of us are shooting in the dark. Some hit, some miss. I would like to see the bullish recommendations treated as much as a joke as KIS's, because they are. If you like, I will go back and find you posts replying to GST when AMZN started falling from 220. There were proclamations of firm support at 180, then 160. No wait, 150 is possible. Then on further reflection 130 might happen. No it could be 120, etc....

Lucky for him, he decided to avoid the stock all together.
This is how it will happen. (I think someone posted this already). WH and the bulls will be right on the up cycles, KIS and the bears will be right on the down cycles.