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

To: H James Morris who wrote (118133)	2/19/2001 3:18:02 PM
From: Mark Fowler	Respond to of 164685

So,lets start a new small non-techcap thread! << Lets start it here some techs are doing ok but very few That puss infected Compx could tank lower taking most techs with it. I don't buy what these analyst or strategist say. The new economy stocks are much more cyclical then once thought. Learn to read charts they don't lie and they'll tell you whats really going on. The economy went into recession in Nov with energy prices spiking up again what that could mean is possible stagflation in the economy one of the worst possible outcomes and AG ( the FED)has destroyed productivity the one asset this economy had. There's no telling how long this slump will last. The over investment in the networking , telecom, IT, and computer areas fostered by the stock market could take much longer to work off. I think Chambers is pretty much right on about this.. AG is behind the curve and now he's trying to get ahead of it by agressively reducing rates but that takes time . Every tech index has a big bearish flag showing on the long term chart. The S&P has one too and Macd is negative something we have never seen since the 70's This tech market is powder Keg. You saw what happen to NT!!