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


To: Bill Harmond who wrote (35134)1/15/1999 11:31:00 PM
From: Impristine  Respond to of 164684
 
William,
Ouch Ouch Ouch,
must you remind me...LOL.



To: Bill Harmond who wrote (35134)1/16/1999 3:45:00 AM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
How well do i remember. The thing i remember most about that decline is how fast it happened and your $65 prediction. Hell look where Amzn is at today i new we had a diamond stock here i never seen nothing like this in my life. I'll be looking forward this summer.



To: Bill Harmond who wrote (35134)1/16/1999 7:44:00 AM
From: dennis michael patterson  Read Replies (1) | Respond to of 164684
 
I just checked timely.com

The Thing came through the 15 DMA and might have touched the 200 DM: I cannot tell. Recently, it has bounced off the 15 day 4 or 5 times. When you look at last August, that 50 percent correction looks so small, obviously because the 15 and the 200 DMA are so close, unlike the present. My point was that it does not stay below the 15 DMA for any length of time. I think you make a valid point, however, that corrections in the thing can be severe. But, as you point out, The Thing does not stay down for long. The correction you mentioned lasted 24 days more or less. Look at where it went after that!