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


To: Bill Harmond who wrote (53946)4/29/1999 1:08:00 PM
From: 16yearcycle  Read Replies (2) | Respond to of 164684
 
William,

"This is the end of the Internet correction."

I'm going to have to come down there and take some lessons if you are right again.

So much for my vacation.

I am ok with the pcln sale. But it is neutral. I wasn't as aggressive selling at above 200 on both amzn and yhoo as I should have been. Left a lot of dough on the table. So far.<G>



To: Bill Harmond who wrote (53946)4/29/1999 1:10:00 PM
From: Rob S.  Read Replies (1) | Respond to of 164684
 
Maybe, but probably more of a sell-off to go before it gets a surge of Internet hopefuls surging to pick up the "bargains" (sic). I anticipate one more attempt to rally before the Spring Fling is over. Then these stocks will be down and out for the count through at least mid summer, IMO.

The volume looks strong to the downside and the TA has been confirmed. After a significant drop for a couple more days, there will probably be a technical bounce and then, probably another rally. But only the suckers and short-termers should play that one, IMO.



To: Bill Harmond who wrote (53946)4/29/1999 2:15:00 PM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
There were 2,000,000 auctions last night?
Big deal? Do you know how many males had erections last night?
If you don't know? Call Forrester research. They'll know.