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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 225.84+2.3%2:18 PM EST
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To: GST who wrote (70083)7/27/1999 5:07:00 PM
From: Paul Merriwether  Read Replies (1) of 164684
 
GST
Maybe. Is there any objective measure of money leaving the securities markets in the US? The fed is likely going to increase rates in the FOMC and this would give the Asian money an incentive to keep it in the US(although I grant you, not in the securities amrket). This is not the outcome Greenie desires but he does not have a choice(since he wants to keep posturing as a interest rate hawk).
What I saw today was some money leave the nuts and go into worthwhile companies with actual earnings(such as intc, msft, aapl and gmst). However, seeing the negativity, I am thinking there might be a teeny pop in the net sector tomorrow....
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