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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: FR1 who wrote (54287)	8/2/1999 7:37:00 PM
From: briskit	Respond to of 120523

AMZN hit its high along with the Nasdaq Apr 26/27. AMZN has not been the same since the correction, but the COMPX has made new highs. I wouldn't say AMZN sold off simply "after earnings". They ran up and sold off after the Internet version of Woodstock. The present mentality is sell every bounce in all those nets that had the "mania" runs in the Spring. Some darlings are still recovering from flying in that thin air! If you have QCharts you can do an AMZN + COMPX composite chart for grins. Regards, MD