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

To: Sam Citron who wrote (98904)4/5/2000 12:19:00 AM
From: Chung Lee  Read Replies (4) | Respond to of 164684
 
>>We have not even shaken out the weak hands yet. But bear markets don't end after a shakeout of weak hands.

Are you serious? Nasdaq intra day low -574 did not shake out the weak hands? Dow started out up 200 pts and intra day low -500 did not shake out weak hands? GET REAL.

I think a lot of inexperienced daytraders, some twenty something fund managers and even some seasoned fund managers shit in their pants and sold, now they are asking for another crash to buy back in, CNBC is spreading more doom and gloom to assist their regular guests. And we have a bunch of people here are pissed that they were greedy and didn't cover at the low today.

The sky is falling!!! One more chance please.



To: Sam Citron who wrote (98904)4/5/2000 2:56:00 AM
From: Bill Harmond  Read Replies (2) | Respond to of 164684
 
>>By definition, the Nasdaq has entered a bear market.

I wouldn't get wrapped up in labels. There's no reason for a bear market in technology. There isn't overcapacity, or an inventory buildup, or a slowdown in business.

>>We have not even shaken out the weak hands yet

Were you watching the same screens I was watching today?


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