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


To: Lizzie Tudor who wrote (51530)4/19/1999 7:58:00 PM
From: CookiePuss  Read Replies (1) | Respond to of 164684
 
Don't let the bearish static on this board scare ya'. This correction, like all the others, is just another buying opportunity.
Greed will continue to push the bull forward again and again.

I intend to wait patiently for some sense of a bottom, then a few uptrending days, but then be a buyer once again of my favorite internet and tech stocks currently on sale.

Good trading.

Mike



To: Lizzie Tudor who wrote (51530)4/19/1999 8:34:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Michelle,

This is a very unusual sell-off. It is happening without damage to the dow stocks or the rest of the market or small stocks. So we have not seen this before.

There were two other severe drops in the nets earlier this year. In Jan/Feb, and Mid March. But they were accompanied by the rest of the market.

Of course they all recovered and went on to new highs. This time it is internet specific. So I think for the non-leaders it will take a long time to recover. Because money is leaving the sector, not to raise cash, but to buy Case, Deere, Alcoa, Phelps Dodge, etc.... For that reason, I think some internets will not recover.

Amazon, Yahoo, Aol, Ebay, CMGI have gone up and down many times. the rest we have no experience with them. But the severity of the drop today, and the light volume, suggests at least a partial recovery.



To: Lizzie Tudor who wrote (51530)4/19/1999 11:51:00 PM
From: flickerful  Respond to of 164684
 
GLOBEX PRICES AS OF 04/19/99 10:50 PM TRADE DATE: 04/20/99

CONTRACT LAST NET CHGE CONTRACT LAST NET CHGE
S&P 500 JUN99 1300.00 -180 EURO $ JUN99 95.00 +1
E-MINI JUN99 1300.00B -175 SEP99 94.925 +1.5
SEP99 1312.75A -175 DEC99 94.67A +2.5
NSDQ100 JUN99 1992.00 -300

last night
everything was aggressively up:
somewhat like forced gaiety on new years eve.

to my mind,
globex is either worthless,
or,
in the wake of melodrama,
when it seems to relate at all:
it acts as a contrarian indicator...

well,
at least i think so.