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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 250.24+0.3%Nov 5 3:59 PM EST

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To: craig crawford who wrote (114747)1/8/2001 3:01:04 PM
From: Kevin Podsiadlik  Read Replies (4) of 164684
 
1) Greenspan wants the market higher

Wrong. How soon we forget, just a week ago every tech investor in the country wanted to hang Greenspan in effigy. Now they're counting on him to help them?

2) The market is definitely going higher if he cuts again. TAKE THAT TO THE BANK

By rights I should have been able to take the last one to the bank. Or at the very least taken the banks to the bank. Instead WM, for example, is down almost 10% from where I bought it a few hours after the cut (and it didn't get much of a bounce even then). Fact is, the market is not reacting anything like it did in October 98, NOT EVEN CLOSE.

3) The broad market is still in an uptrend. I will agree that the averages are in a downtrend immediate, short, medium, & intermediate if we break below 2250.

So your definition of "uptrend" is "not right at the 52-week low"??
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