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Non-Tech : Amati investors
AMTX 1.570+0.6%Jan 14 3:59 PM EST
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To: Ross Roberts who wrote (4813)10/28/1996 7:49:00 PM
From: Techie   of 31386
 
Hi Ross, yes exactly. I am saying the odds are we will see 12.5 before 20. So, you may want to sell some calls against your position. I am very bearish on the market (especially NAZDAQ & tech stocks) for the short term (most likely just days but maybe a few weeks) and AMTX has no support here. I think the min-rallies intraday are just to fool the small investors. You should especially be careful with story stocks that have no real support. The next support on this one is right under $14, so it may stall there, but I think it will close the gap. Good luck. Techie

p.s. don't shoot yourself but you should hedge :)
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