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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.37-0.9%Dec 3 3:59 PM EST
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To: GST who wrote (110808)10/19/2000 1:17:48 PM
From: Bill Harmond  Read Replies (2) of 164684
 
A bear market is a market where money leaves equities. We haven't had that. We've had one hell of a rotation, granted, but money stayed in the market, rotating into drugs, brokerage, health care, energy, utilities, foods, etc.

If you look at past bear markets money left equities as a class, and stayed out for some time.
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