Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 229.12

-0.2%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: allen menglin chen who wrote (89086)	12/30/1999 10:17:00 AM
From: James Thai	Read Replies (1) of 164684

I'd have to agree with KIS. Just keep buying OTM calls on stocks which go up 10, 20, 30 pts a day. The trick is to figure out what's going to go up double (or triple) digits in the next day or two. How to do this? Some basic TA (like the stuff Gary Smith does on TheStreet.com - new 52 wk highs and breakouts on high volume) and some basic psychology (hot sectors, splits, earnings and self-fulfilling prophecies - i.e. outrageous price targets). Oh, and some extremely high risk tolerance. I started out with $20k last December, and thanks to QCOM yesterday, just crossed the 1 million mark. Small potatoes compared to a lot of people here, and I'm not exactly experienced (check my profile if you want) but I think that's been more an asset this year.. otherwise I would have stayed out of the market based on valuation. James.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next