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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.88-0.8%3:59 PM EST
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To: Mark Fowler who wrote (59176)5/29/1999 2:29:00 PM
From: Robert Rose  Read Replies (1) of 164684
 
<this was much more buying going on,
not just the pros. jumping in then off by 4 pm. >

My view exactly. Volume was actually good for a pre-holiday Friday (652k NYSE and 684k NAZ as I recall). Last Wed-Fri certainly look like a precursor to the customary pre-earnings runup. But it is hard for me to imagine the inets testing their highs before the 6/29 FOMC meeting. However, if rates remain unchanged, as I expect, that could propel the inets and the market in early July. We shall see. Rob
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