Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 247.35

+0.4%

3:59 PM EST

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To: H James Morris who wrote (126298)	6/10/2001 8:33:27 PM
From: Mark Fowler	Read Replies (1) of 164684

But, will it crash and burn? Not unless the Banks do and the BKX is holding up very well. History shows in every deep recession Banks get whacked and that just isn't happening. What's banks got to do with tech? A lot. Trust me <, Jim the Bkx is pulling back maybe to the 200 and 50 mas now, last weeks wedge break down measure is down to approx. 800... will the Bkx move back that far probably not. I think the overall market looks fair, i think we'll see most these indexes pulling back some near term. And Your probably right not much upside from here until earnings get better. Jim your comment About this being a stock pickers market, i think so.

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