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Amazon.com, Inc. Message Board

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  • once_on once_on Aug 24, 2012 10:25 AM Flag

    Shorts are in trouble.

    You have that right ... This defies all logic and everything I ever learned about investing/finance. Mr. Momentum dominates all other financial factors.

    Global economic crisis, EU and US are about to enter a double dip recession with unemployemnt in the US already over 8% and underemplyment at 17%, Asia growth massively slowing, debt out the wazoo everyehere, companies continue to lower revenue forecasts (including amazon), and the current US administration - who is leading in the poles - wants to raise taxes on business and capital .... but, keep buying amazon!

 
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