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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 239.19+2.1%3:59 PM EST

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To: GST who wrote (109254)9/29/2000 9:18:27 PM
From: schrodingers_cat  Read Replies (1) of 164684
 
Hi GST!

Oil prices are going to be a concern for some months to come IMO. Crude prices may be down, but so are US crude and heating oil stocks, not to mention the nasdaq. :( The refinery situation doesn't look any better than it did a few weeks ago, and the margin on refined products isn't coming down.

I don't think that this merits predictions of stock market disaster, since there are some ways (eg warm winter,imports) a crisis can be avoided, but the fall in crude oil prices doesn't merit a huge celebration either.

BTW, I think the NAS is down since you raised this topic a few weeks ago, so thus far it seems to have been a good call.
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