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

To: Glenn D. Rudolph who wrote (18431)9/25/1998 11:57:00 AM
From: IceShark  Read Replies (1) | Respond to of 164684
 
Glenn, Some people think 100 basis points are nearly priced in! Don't ask me how they came to this conclusion, but it would seem that a 1/4 point cut actually may be seen as a let down. Plus the Fed and "bail out my old already rich buddies" GreenSpam are taking a bit of heat in the last couple days, so they may move slower than their normal snail's pace.

Regards, IS



To: Glenn D. Rudolph who wrote (18431)9/25/1998 12:00:00 PM
From: Money Maker (MM)  Respond to of 164684
 
It is my opinion that is already priced into the market.

I think not yet. Many players still wait for the momentum. And the momentum is interest cut. Since last week, I saw DOW on triangle area. And the momentum to break it is interest cut announcement.
Check out DOW's chart.

MM


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