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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 244.68+2.6%Jan 27 3:59 PM EST

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To: H James Morris who wrote (113752)12/31/2000 3:02:32 PM
From: Tom D  Read Replies (1) of 164685
 
Thanks, H.J. I timed AMZN right because I have become a student of BTBLTG, the cutting edge investment strategy that utilizes a neural network of artificially intelligent agents and internet metasearch investment bots to time speculative bubbles.

AMZN fooled many people who were smarter than me. It seems that the smarter the investor, the more difficulty in timing AMZN. Joy Covey (who is a very smart lady) cashed in her options too soon. Both she and GlennR knew that there was trouble in paradise. Glenn was right in shorting the stock, but lacked the arrogance to believe how many greater fools were still left out there to bid it up so high. I was too dumb to understand fully how weak the business model was. People on this thread eventually persuaded me of this. So I belatedly surrendered my naivete and sold. BTBLTG. The acronym stands for "Better to be lucky than good".

My average sale price was $55 per share. In theory I could have sold for about twice as much to catch the absolute peak, but I am happy to have been lucky enough to get half a loaf, instead of the eighth of a loaf that is currently left.

Tom
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