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

To: Sarmad Y. Hermiz who wrote (42836)	2/26/1999 10:32:00 PM
From: GST	Respond to of 164684

Sarmad -- We are getting into March next week -- year end in Japan. I do not know how much money they will pull from our market. It is a factor because it will tilt our bond yields one way or the other. I got the call on bonds right for today, but not for stocks. These 'warnings' are in the right direction to support the 'technology sucks' thesis. Major techs could test their 200 day ma's. In that case we would see today's action as part of a zig zag correction on through the next couple of weeks. The nets will defy gravity for only so long. Maybe another day or two. I can see the typical ten dollar bump early next week -- but by 140 I think it is about over.