Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 249.14

+0.3%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GST who wrote (65182)	6/28/1999 4:57:00 PM
From: Tradegod	Read Replies (1) of 164684

Part of the question with rates is the stock market itself. I believe that Uncle Al is as concerned about the state of the market with respect to valuation and expectations on the part of the average American. The savings rate, %age of assets in the market, degree of speculative fever and so on have to be on his mind. Whether the CPI is up .4 or .5 in a given month is trivial compared to the exposure many Americans have subjected themselves to. Once again, Mr. Market today bailed out many inet speculators just when they were about to hit the puke button. I can't help but wonder what Mr. G. thinks about a 50 point NAZ rally the day before OMC meetings. Today was the 3rd or 4th highest close in NAZ history. This market has shrugged off everything you could throw at it: Rubin resigning, War in Kosovo, Interest rates rising, earnings slow down, etc, etc. Just seems to have the feeling of no fear. People will crow about "It's not the Fed's job to control the stock market" but it could be argued that the market is the economy now!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next