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

To: GST who wrote (122344)	4/1/2001 3:07:39 PM
From: Mark Fowler	Read Replies (1) \| Respond to of 164684

I am saying it is tied to the savings rate -- or lack of it. < No the Fed jacked up rates because the economy was over heating, 6 to 7 percent Gdp with 4% unemployment was unsustainable. The last .50 basis points hike capped everything from going higher during the summer simultaneously rising energy cost and high taxes basically Shut down everything like lighting speed. That last Fed move was a drastic miscalculation. They should have moved it back much more quickly, However currently, perhaps you aren't up to current events. Since mid-November the monetary base has been expanding faster than it did for y2k or even during the LTCM fiasco. Because of this i have been buying stocks and quietly with tight stops in place. Good luck gotta go for now...