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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 230.84-0.7%3:59 PM EST

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To: Bill Harmond who wrote (93569)2/15/2000 11:36:00 AM
From: Bearded One  Read Replies (1) of 164684
 
My definition of Correction:
When stocks drop enough to temper enthusiasm for the market.
Note that "percent drop" has nothing to do with it.

What's happened with the last 10 or so so-called corrections:
Stocks dropped enough to engender more enthusiasm because "the market has had a correction, time to buy the dips."

In other words, there will be no correction unless people don't buy the dip. In this particular market, that means a correction will be the equivalent of a full-scale crash.
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