9% is nothing...
OK, daytraders, you usually have 1000 shares going, right?
Sell 90 of them...is the world collapsing? Do you think your stock is going into a death spiral? Of course not, then you would have sold a lot more...
Geez, all this bickering back and forth, especially with all the vultures circling is hilarious. Nobody knows what AMZN is going to do tomorrow, next week, or by Y2K. Period.
It's all speculation and hype and at this very moment the bears have got the bulls on the run and they're rubbing their noses in it, the same way the bulls did when the stock ran to over 200. Fear plays both ways. At 200 AMZN was a monster it's going higher was all we heard. Shorts were scared to death, especially the ones who shorted at 150-ish. When AMZN was recently at 90, the bears were screaming it's going to 50 and scared the longs half to death, especially those in at 130-ish. Everyone made money if they played their cards right.
But whoever ends up being right, will be right for just a short time, for the pendulum swings hard and heavy and it swings both ways. |
