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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST

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To: Lizzie Tudor who wrote (58952)5/27/1999 11:35:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
>> OK, well KIS is calling for the single worst day in the Naz ever tomorrow.

Michelle,

It seems everyone and their cousin (except EK) has sold out and is sitting on a ton of cash. So a crash will not happen from US based selling. However, if our Asian cousins are upset at US or need their money at home, and start selling US stocks, I guess that could do it. But that cause has been rehashed so many times, I don't know why it will happen right now. What else? Margin selling. I guess that could do it, but I thought most of that was exhausted yesterday. Well, maybe not. Personally I think the dow is very suseptible to interest rates, but the nasdaq has already had most of its correction.
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