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Strategies & Market Trends : Roger's 1998 Short Picks

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To: GuitarMan who wrote (8004)4/28/1998 10:25:00 PM
From: Timoteo  Read Replies (1) of 18691
 
Mark-AMZN all IMHO: if the market softens AMZN will peak around 110. If the market turns bullish again I wouldn't be surprised to see 130. If the market really tanks (and I think its likely betwen now and late July), Amzn will be back in the 80s, maybe even 70s. I just didn't have the stomach to watch these Puts evaporate like my Aprils did, even though I bought Octobers. I will be watching to re-enter and the way my timings been lately, AMZN will probably drop 20 in the next week!

Good Luck,

Timoteo

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