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


To: craig crawford who wrote (19831)10/3/1998 8:02:00 PM
From: Mike M  Read Replies (2) | Respond to of 164684
 
<<It's premature to say if we have made a bottom or not.>>

There has yet to be capitulation in this correction...Before it is over, this market will likely have a sharp break below the 7400 low....w/ a reversal..... Having said that, I do not believe we will close below 7000....on the Dow. In that scenario, AMZN will drop below 65........

I do not, however, share the general bearishness on the market...... I think that next year we will see the Dow over 10000 and in the next decade we will see a Dow rise much, much more than that!

NZMA does not have to participate!



To: craig crawford who wrote (19831)10/4/1998 1:23:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Give me a break, Glenn. The market drops 500 points in two days, and then manages
some pathetic rally because shorts covered ahead of the weekend and the IMF meeting
with G7 nations. The Nasdaq is so weak it could only bounce up 2 points after dropping
150 points in two days.

It's premature to say if we have made a bottom or not.


You guys compete. I will just try and turn a profit which has not been easy. I am not taking sides on this<G>

Glenn