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


To: schrodingers_cat who wrote (143014)6/14/2002 3:29:07 AM
From: GST  Read Replies (1) | Respond to of 164684
 
Cat: I am more worried about my money than in being "right". That is the reason for my caution. I don't think it is clear where we stop. It could be 7500 on the DOW and 1150 on the Naz -- that being the case I want to hold cash right now, not stock.



To: schrodingers_cat who wrote (143014)6/14/2002 2:13:11 PM
From: GST  Read Replies (1) | Respond to of 164684
 
GE is such a good market proxy. The "retest" is so clear with this stock: quote.yahoo.com. But can anybody argue that GE is "undervalued"? It is a tough case to make. Money is leaving the market and leaving the country. Take the market down another 20-30% and the buying is likely to begin in earnest.