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

To: Sarmad Y. Hermiz who wrote (40697)	2/17/1999 7:01:00 PM
From: GST	Read Replies (1) \| Respond to of 164684

Sarmad-- Right, corrections-- is that what we are seeing with YHOO and AMZN? Or are they collapsing bubbles? I think the market is ripe for a sell-off -- and the pace we are moving at is not indicating a quick sharp down-and-up motion. So I would not be too itchy to pull the trigger for a move back up. A move down to the 200 day ma would be very painful if you are long -- that could well be in the cards. How do you deal with that if you are in up to your neck and watching the market dissolve NAQ down 50-100 points a day for a few weeks? The tech stocks look sick, some will recover, some may not. I have my eye on gold, but it is a matter of timing, and I cannot say -- I keep on thinking soon, very soon. Maybe by tomorrows close.