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


To: GST who wrote (64776)6/26/1999 9:23:00 PM
From: Bill Harmond  Read Replies (2) | Respond to of 164685
 
The evidence at the moment is at least as supportive of the proposition that this is now a bear market in a stock that has made a double top.

You're reaching here, GST.

Amazon is still up on the year, and it hasn't broken its February low.




To: GST who wrote (64776)6/27/1999 10:57:00 PM
From: Jan Crawley  Respond to of 164685
 
IMO this could be a bear market for the nets. In a bear, the rallies provide false hope of a big recovery

GST -- it does not matter to me if the nets are in the bear; if we have any kind of e-action in the next two-three weeks, push Yhoo/Amzn up $20/$40; I will for sure take advantage of them. If they are again over-extended, then shorting will work again.

If they both drop $50 or so from here, then my net-trading a/c will shrink $30K and I will have to find other trading oppts. But I think that the nets will be good trading for a long while.