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


To: Olu Emuleomo who wrote (58601)5/26/1999 9:06:00 AM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Olu,

This business about MA. First it is 20 DMA, then 50, and now 200. Then what ?

If one says amzn is down 200 pts, the response is "it is still up 9% Year to date." If we say it down for 1999, then it is up 10 fold since IPO, or whatever. Let's face it, anyone who bought it recently is losing big. Except the ones who bought yesterday. We're losing only a little. But who knows at the end of the day. I just hope the forced margin selling is finished. I know people who lost 50% of their account in the past couple weeks and are just letting the broker sell out their positions.