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


To: Sarmad Y. Hermiz who wrote (51616)4/20/1999 3:27:00 AM
From: GST  Read Replies (2) | Respond to of 164684
 
Sarmad -- The market is always unpredictable, but that does not rule out the possibility of big moves. Look at the volume and the moves in the last few days and ask yourself if we are at a capitulation point or merely the beginning of a very violent move in the market. I think the smart money is selling with both hands because the pros do not want to be caught with their pants down right now. The dipsters have been conditioned to believe it is just one big buying opportunity -- the smart money is on the move and not waiting for the big break down to dump shares of the 'leaders'. When the DOW drops below 9,000, when AMZN breaks below 100 and when NEM doubles from where it is now -- then this will all be 'obvious'. I think this could be the month -- with continued volatility this week on heavy volume culminating in another 'black Monday'.