Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Rob S. who wrote (12180)	7/31/1998 4:04:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

Yawn . . . Hurmmphh Rob, Action was with Asnd today!

To: Rob S. who wrote (12180)	7/31/1998 4:11:00 PM
From: Peter Church	Read Replies (1) \| Respond to of 164684

Hi Rob, What do you think, is AMZN is a good surrogate to short the market in general? Sometimes it seems to correlate very well with the Dow, but not today. Maybe there are better shorts around like BCST or even KO. Using your arguments against the Internuts, my theory is that the most overvalued sector of the most overvalued market would be the best place to bet short. But.... any other suggestions? The Dow Theory Letter (R. Russell) lists the two numbers for a sell signal as 8672 for the industrials and 3259 for the transports. I think we broke the support for the transports today. Can the Dow be far behind? I am guessing that "bad breadth" will bring it down with the rest and soon. Can AmZn hold up against this long sucking undertow?