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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.55-4.4%Nov 18 3:59 PM EST

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To: Bilow who wrote (81365)10/20/1999 2:49:00 PM
From: KeepItSimple  Read Replies (1) of 164684
 
>If you have just put nearly your entire available trading equity into
> out of the money AOL calls, you would qualify for gambler's anonymous...

I make no excuses. This market is a casino, and I'm just a gambler. Anyone throwing money at inuts with P/Es in the triple or quadruple digits is clearly playing the greater fool gamble, and today that includes me. I've been watching level 2 for the last hour and humongous blocks in the 50,000 share range are being bought in rapid fire. The big money knows what is going to happen after the bell. They'll crush the whisper number and split the stock. There is simply no debating that fact.
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