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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.37+0.3%Dec 19 3:59 PM EST

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To: fedhead who wrote (151104)12/30/2002 10:39:00 PM
From: Bill Harmond  Read Replies (4) of 164684
 
I think it's too easy to think short ahead of the war. My bet is there's a big surprise ahead of options expiry on Jan 17.

The only thinng keeping this market down is geopolitical fears and fear of warning season. The Fed is pumping full out and the S&P is undervalued by 25% on the Fed model. Productivity is high, there's no inflation and American household income is climbing in real terms.

Don't fight the Fed here.
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