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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 249.51+2.1%9:34 AM EST
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To: Tradegod who wrote (64496)6/24/1999 10:53:00 PM
From: BGR  Read Replies (1) of 164684
 
I think that it is going to be a

1. 1/4 point rate hike and no change in bias
2. Initial bond and equity market rally
3. Then bond vigilantes will be back to worry mode and the long bond yields will start to grow towards 6.5% with rumors of another hike in august.
4. At the same time earnings season will start and will be solid, which will put the equities market in a dillemma.
5. A toss up from that point on.

-BGR.
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