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: Jay Rommel who wrote (18391)	9/25/1998 9:56:00 AM
From: Peter Bernhardt	Read Replies (5) \| Respond to of 164684

You so right Jay ..Bid is 106 1/4 .. How can this be? Flight to "quality". <8) - Peter B

To: Jay Rommel who wrote (18391)	9/25/1998 9:59:00 AM
From: Jan Crawley	Respond to of 164684

Lots of trading activities. I still see under $100 by closing today. Am carefully trading my 200 shares box only.

To: Jay Rommel who wrote (18391)	9/25/1998 10:00:00 AM
From: Jay8088	Read Replies (2) \| Respond to of 164684

I don't mean today... a few days later!! If August is our guide, net stocks like AOL, YHOO, and even AMZN could defy gravity while the rest of the market weaken and fall away. But at some point, as we have seen at the very end of August, the psychology turns and these stocks crack. At such time, bid disappears and these stocks can crater 10-20 points a day - exact reverse of short covering panic we have seen few days ago. From my Elliott Wave reading, I believe we have started a new and more powerful stage of this ongoing bear market yesterday. I think these net stocks would collapse eventually - before the end of October. CAVIAR: As an unhedged October put holder, I am very bearish on the market and especially on net stocks...So there is some personal incentive to be a panic monger here ;)........ Just don't forget, I could be WRONG!!!!!!!!!!!!! Still a bear in trauma ICU, (but this is NOT my near death experience!!)