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

To: Spider Valdez who wrote (21881)	10/16/1998 11:21:00 AM
From: craig crawford	Read Replies (1) \| Respond to of 164684

It's quite interesting to watch the sentiment change from complete anxiety to irrational exuberance, all from an expected 1/4 point cut. The timing was the only surprising thing, people expected the Fed to act in Nov anyway. Just keep buying Spider, Greenie da Weenie just wrapped a giant band-aid around the earth. What a joke, he simply delayed the onslaught for a little while. The Fed can't save our stock market and it is screwing up our economy.

To: Spider Valdez who wrote (21881)	10/16/1998 11:27:00 AM
From: Jay8088	Read Replies (3) \| Respond to of 164684

I still think anyone long stocks like AMZN has to be a nimble short term trader (Olu comes to my mind, or Jan ) - mainly because this is a bubble, period. AMZN stock price hangs on psychology and short squeezes. And I wouldn't call this market bullish either. At its best, there should be a retest of the low similar to 1990 bear market. If the investor pessimism peaks while DJIA holding 7400, maybe it is good to go long. But we could still get a enormous panic crash if Greenspan's skillful move fails.

To: Spider Valdez who wrote (21881)	10/16/1998 11:49:00 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

market is bullish, lowering prime interest rate is making shorts in this sector run. people on this thread tell me just last week market is bearish. i say no. i changed mind quickly. i too first thought it was bearish. now i believe these drops only corrections. it was good time to cover amzn short and i did. i look for more shares beliving it was still good short. lucky for me i could find no shares. stock break 100 again today and market indicators tell me this is very bullish market. best to be long amzn but best to box it i think. The market is bearish. Findamentals are not good. I am not boxing. AMZN will fall. Glenn