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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: wmwmw who wrote (2786)	8/31/1998 7:01:00 PM
From: majormember	Read Replies (2) \| Respond to of 59879

Do you REALLY think market is going to rally?? putting the same high valuations on stocks like AMZN which is why it tanked $22 points today. LOL!! IMO, the days of the super high valuations put on co's like AOL, YHOO, AMZN that are selling at ridiculous multiples ARE OVER..... Isn't that partly what the market is telling us???

To: wmwmw who wrote (2786)	8/31/1998 7:05:00 PM
From: lib	Read Replies (1) \| Respond to of 59879

Wang; I deeply respect your market savvy (consistent results to date); however I must argue your predictions on AMZN and EGGS and at the same time possibly dissuade you from making any seemingly rational decisions in what is a very irrational market by buying into the heretofore mentioned stocks. I believe it will be a bad decision indeed. AMZN is truly a good short, while EGGS imo will stay in and around its mark that it hit today. We may see a possible rally come tomorrow sometime, but it will be short lived. AMZn will head south throughout the rest of the week. As unbelievable as it seems, we're in for a few more market corrections, and then everyone will undeniably come out of the wood-works and declare a bear market/recessionary times.