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


To: GST who wrote (108324)9/11/2000 11:22:31 PM
From: John Chen  Respond to of 164684
 
GST,"help me out". We have food, stock(kind of food and
sport nowadays), oil.

Stock is the only thing that went up the last N years.

Why are we so mean to the Oil-producing 'countries and
companies'? Shouldn't it be their turn?

If you can't afford it, why demand it?

Good things for the 'new economy' is that they don't need
OIL. This is a 'HUGE' opportunity for AMZN to capitalize
on the story. Don't short this stock. Christmas is
coming and you know who needs your money. (Well, EVERYONE)



To: GST who wrote (108324)9/11/2000 11:24:20 PM
From: Sarmad Y. Hermiz  Read Replies (3) | Respond to of 164684
 
>> If there is going to be a sell-off, this is the warm-up act.

I know. Everyone will sell not because they think their stocks are affected by oil, but because they figure the high oil price will induce other people to sell. So everyone will sell. Then margin calls kick in. Some funds will step in and buy a little too early, which will result in a failed rally, and we'll see spectacular reverses to the down side. A couple of -600 point days. And eventually, some reporter will discover 10 barrels of heating fuel stashed in a new england farm house. It will be heralded as a glut, and we'll have a mid-day turn-around. And all will be well again. Only now another million day-traders will have washed out, and brokers and market makers will report another record breaking quarterly profit.

Is that the script ?