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Strategies & Market Trends : AMAZON.COM RIDICULOUSLY OVERVALUED BY ANY MODEL (AMZN)
AMZN 232.12+1.6%Dec 23 3:59 PM EST

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To: Candle stick who wrote ()4/2/1998 4:34:00 AM
From: Hammerup  Read Replies (2) of 182
 
The Pitbull investor has a short system that starts by making a wait list for ridiculous high fliers like Amazon. The stock may be on the wait list for many months. The short system "senses" when the momentum has worn off and the stock is becoming weaker, ready for its fall. The signal is then given. Using this system, I shorted JBIL at 65 (now about 32?) and Etrade Group at 45 (covered at 30, don't know where it is now).
You are all right to find these ridiculous stocks, you just need some patience to find the right time to short them.
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