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


To: jach who wrote (35998)1/22/1999 7:38:00 AM
From: Bo Le  Respond to of 164684
 
A old market wisdom says: Short get killed first, then long.
Most shorts already get wiped out. (Those who take both long and short positions, i.e, sometimes go long, sometimes go short are really not belong to short camp.) Now it's time for long to suffer.
People sell their winners today (like SUNW and IBM)so they can hold on lossers (like AMZN). But until they sell their lossers (such as AMZN), the down trend won't stop. Too bad, plople will not sell their losser unless they are forced to do that. By that time, they have been complete wiped out or close to that. Again, AMZN is not a tech company and should and will valued like a retail company.

Bo Le



To: jach who wrote (35998)1/22/1999 10:20:00 AM
From: jach  Respond to of 164684
 
looks like it again!