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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%Nov 14 9:30 AM EST
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To: Mark Fowler who wrote (94920)2/25/2000 8:32:00 PM
From: fedhead  Read Replies (3) of 164684
 
The thing that worries me is the divergence between the nazdaq and the dow. We could easily see a 20 to 25 % haircut
in the nazdaq with a 50 % haircut in the glamours. So far I
don't see any breakdown in the leaders but the divergence
and Greenspan's determination to tackle the wealth effect
makes me very uneasy.

Thanks
Anindo
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