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

To: Glenn D. Rudolph who wrote (91072)	1/14/2000 10:04:00 PM
From: 16yearcycle	Respond to of 164684

"Are you saying he plans to remove the wealth effect by lowering the market?" Glenn, you quoted Bill, not me, but yes it is clear to me that the fed will tighten and tighten until the conomy slows, and I'll bet they are real slow to ease the next time we are down to 1% growth. If the market can have a poor year or two, the wealth effect will be diminished. And it isn't everything that is too high, but my favorite techs have gone off the charts and I simply can't own them at these prices. I don't need a crash, but a nasdaq move to 3500 would get things back in range.