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Amazon.com Inc. Message Board

  • bfrd bfrd Apr 15, 1998 10:02 AM Flag

    You guys got $100 today

    I think that marks the pinnacle of hysteria. The selling will start this week........I hope. They managed to drive it to triple digits - amazing game between the MO players and shorts - nothing to do with the company....

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    • AMZN current price not relevant to company performance.

      Its the ISDEX MO players and the shorts battling.

      Things even out over time, especially with momentum overvalued frenzy plays. Longs should check history...

      Looking for $60 or less by Oct 98...

      • 1 Reply to LAWDOG10
      • Finally for the first time CNBC is interviewing someone from Washington and explaining the new circuit breaker rules that
        were put into effect last Friday......the Dow can now fall 2,200 points in one day, 10% before it stops for just 1 hour....the
        Fed is engineering a stop to this bubble before it gets to big, and bursts in a destructive way as happened in Japan. Changing
        the the circuit breaker rules to 10% and 20% drops instead of just 250 points is the first step....now a few negative comments
        over the next few days and the Dow can back off a decent amount....guard your profits, a top is in the works.....IMHO....;^)

 
AMZN
382.80-2.00(-0.52%)12:18 PMEST

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