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

AMZN 227.35

+0.3%

Dec 19 9:30 AM EST

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To: Mark Fowler who wrote (44976)	3/10/1999 4:11:00 PM
From: GST	Read Replies (3) of 164684

Mark -- quite a market don't you think? I have oil exposure with NBR. Gold continues to play tug of war. It pops up and gets swatted down. The only way to play it is to own something that can pop -- I stick with NEM cause I trust their book-keeping, they are large, and they are unhedged. When this thing moves it will be hard to get in. Overall, we are going into a triple witch next week and I am leaving town Saturday morning -- so no shorts for me. In a very weird way, this market looks ready to rumble. I expected a little more zip this week. We could see a pretty good blow off next week -- oils, nets, and perhaps gold -- BTW gold and oil don't always move well together. Oil tends to be 'late in the business cycle', while gold plays early in the cycle. We sort of have both at the same time -- the topping process of a long advance coupled with a vigorous attempt to stimulate the world economy out of recession -- where its been for years but we never noticed in the U.S. of A. Good luck on your trades -- must run, I am trying to clear the decks to get out of here.

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