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


To: Sarmad Y. Hermiz who wrote (51910)4/20/1999 7:30:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
But I think it was pure un-earned luck that saved many
internet bulls from their margin calls today.


Sarmad,

I am not a bull on AMZN as you know but my moves today were not luck. I was convince prior to market open that the cyclicals could not lead the market. I sold my two commodity stocks right at open and used the proceeds to buy more CSCO, TERN and more LVLT. My NEM and SLB had peaked as of this AM and the market was ready to put the money back in techs. I believe there was no guess work. The largest problem was having working capital. I was especially upset when William would not share his savings <VBG>

Glenn