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

AMZN 220.66

+1.6%

3:59 PM EST

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To: JBL who wrote (24230)	11/2/1998 9:55:00 PM
From: Gary Walker	Read Replies (1) of 164684

CapX is always the last to fall in a recession.... Any negative economic data at this point is just confirmation that the Fed did the correct thing to avoid a slowdown. I would be surprised if the fed cuts rates again. The momentum is definitely up at this point. The world markets are moving up after months of going down. The Japanese are finally doing the right things after raising taxes last year in the face of recession. Things has changed from just a few weeks ago. At least that's the perception. At this point all the bull needs is a positive perception. Don't fight the tape....

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