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


To: Bill Harmond who wrote (44459)3/8/1999 12:51:00 AM
From: GST  Respond to of 164684
 
LOL -- You are the only one I know who doubts this is a relief rally, the question is what comes after the relief rally -- a move up, we both agree, but for how long? I read what you have said to mean that the 'correction is over'. Yes? You have written these words, so I take them at face value. I do not believe in this 'correction is over' scenario. I think we are going through a topping process and not a correction. The first step in the topping process could have been last October -- but lets not quibble. Having stocks like AMZN cut in half in a few weeks is part of the topping process in February after the January run-up. Now we need a blow-off sparked by a relief rally. We had the relief rally, now lets see how explosive the move up becomes.