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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: jjstingray who wrote (37130)6/18/2002 11:52:11 PM
From: StockOperator  Respond to of 52237
 
jjstingray, Thanks for saying. RE AMZN, yes I know, it's really hard to believe. I mean if you would of described this environment we're in to someone two years ago, that a bear market like the one we're currently seeing would take companies like JDSU down to $2.5, CMRC .60, LU 2.5 and at the same time AMZN would trade close to $20 few would believe you. Even then AMZN's valuation was the cry of all the short sellers. But like I said similar to AAPL which seemed to defy gravity the past couple of months, I believe AMZN's crunch time is coming - "do or die." Next couple of weeks should tell the longer term story.