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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: Sarmad Y. Hermiz who wrote (42361)	2/24/1999 9:22:00 PM
From: GST	Read Replies (1) of 164684

Sarmad -- I am into 'follow the money' first and then follow the crowd second. Sometimes it works because the money will take the crowd with it. If the money flows are international, then I am international. If they are domestic, then I am domestic. If they are mainly the flows of day traders -- then the money and the crowd are the same thing. For six weeks, money flows have been international. Last Friday the day traders came back. And today it is domestic reallocation into bonds. I think tomorrow we will be back to day traders again -- and hesitant though they may be, the day traders will once again buy into the rally for fear of being left out of the game altogether.

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