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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Harmond who wrote (64759)	6/26/1999 5:31:00 PM
From: GST	Read Replies (1) \| Respond to of 164684

William -- for me the daily, weekly and monthly movements are an opportunity to make or lose money. This market is a little more complex than looking at CPI and sounding an all-clear. A bond yield at 6.5% at this point in the business cycle is going to cause a lot of money managers to cash out of the stock market. Look at the incredible drop in trading volume these past few weeks. If, and I mean if, the bond yields continue to rachet up, the selling will come in and the market will go down -- leadership from the nets. The internet stocks are directly in the line of fire.