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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: Glenn D. Rudolph who wrote (46993)3/23/1999 3:15:00 PM
From: GST  Read Replies (1) of 164684
 
Glenn -- re: too much cash out there? There is always cash out there, the question is where did it come from and where is it going? This past month, since the reversal the day before the last jobs report, the market has been playing devil may care against a backdrop with less pressure on liquidity -- that was bound to be short lived. My thinking is -- don't get caught on the long side while the money is flowing out of stocks -- which is what I believe you are going to see for a couple of weeks. Good trading.
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