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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.23+1.8%Nov 28 12:59 PM EST

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To: Tradegod who wrote (73089)8/11/1999 2:00:00 AM
From: Bill Harmond  Read Replies (3) of 164684
 
I think today was a very successful retest of Thursday's low. I think the Net stocks are leading again, just like today. In June, 1994 the leadership bottomed and started recovering six months before the Fed finished raising rates in early 1995. They also bottomed before the bond yield hit it's high in November, 1994 (as I remember).
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