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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%Dec 5 9:30 AM EST
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To: fedhead who wrote (144498)8/1/2002 9:07:45 PM
From: Victor Lazlo  Read Replies (2) of 164684
 
" I think the summer rally is close to an end unless Greenspan does a surprise intermeeting rate cut."

During the bubble when Grenspan was raising rates, the mkt ignored him. Now that the mkt is with the bear, it will ignore any further cuts.

Rates are already the lowest in contemporary times. Rates are not the issue.
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