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To: Lucretius who wrote (65049)9/29/1999 1:03:00 PM
From: wlheatmoon  Respond to of 86076
 
Amzn hit 100 yet? no one is selling that one....they're all buying.....i wonder who'd be dumb enough to sell....heck it's going to double TODAY!!!



To: Lucretius who wrote (65049)9/29/1999 1:06:00 PM
From: Cynic 2005  Read Replies (2) | Respond to of 86076
 
To all, keep an eye on IBM - since July of 1996 whenever the market was in toruble, IBM earnings release marked the 'rescue' for the market. In all but one of the last 8 quarters, IBM was bid-up heavily after the earnings release. Of all these, April earnings release takes the cake when IBM market cap was up to the tune of 25 bil in a single day.

I am thinking that a nasty surprise by IBM will be good enough to break the market. I am not that claiming that there is any sound logic to it, but this market kept rewarding IBM for its accounting wizzardy and when they realize all tricks have been exhausted, IBM will go down big and take the market with it! IMO, take it FWIW!



To: Lucretius who wrote (65049)9/29/1999 1:09:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 86076
 
well, AMZN has a true blow-off move today...up some 30% on vol. of nearly 50 mil. shares SO FAR. i am very tempted to short it right here...