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

AMZN 232.49

+0.2%

3:59 PM EST

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To: Lizzie Tudor who wrote (152500)	2/5/2003 3:44:00 PM
From: fedhead	Read Replies (1) of 164684

We might get a decent rally off the October lows but I don't think that will be the end of the bear. Bear markets of this magnitude end in apathy amongst the masses AFTER they have sold. I remember seeing that mutual fund net outflows continued for 4 to 5 years after the 1974 bottom till 1979. So though the market put in a bottom in 1974 the public still continued to withdraw money out of the market till 1979. Thats the kind of disillusionment I want to see with the markets. This is going to be a long drawn affair I am afraid. But it will provide great oppurtunities to traders willing to trade in and out of positions. Anindo

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