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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.23-1.4%2:44 PM EST

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To: GST who wrote (36303)1/24/1999 3:00:00 AM
From: Bill Harmond  Read Replies (3) of 164684
 
>>If China devalues, we have bigger problems.

I think then we have 1929. That move would effectively deflate the value of labor worldwide.

China could accomplish the same damaging thing with export subsidies. We'll see.

Look at the deteriorating percent of NYSE stocks above their 200-day average. This is no broad bull market:

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