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


To: GST who wrote (40139)2/15/1999 2:00:00 AM
From: Bill Harmond  Read Replies (3) | Respond to of 164684
 
>>This is the thing -- to me, whether its William, Mark, Michelle or many others, there is a large group who cannot conceive of a change in trend for AMZN or other similar stocks. They view all declines as 'pullbacks' or 'corrections' or 'consolidations' -- short term down trends -- but they cannot for a moment seem to grasp the very real possibility that it is over -- the trend is down --period

I think you need to speak for yourself. No one makes consistent money in the markets without always considering the worst case.

As of tonight there's no down-trend at all, just consolidation. The long-term chart goes from bottom left to top right. Two-year trends don't change that easily.