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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.23+1.8%12:59 PM EST
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To: gbh who wrote (5947)6/14/1998 9:58:00 AM
From: Gary Korn  Read Replies (1) of 164684
 
But I want to see a good 10% or more fall on seriously negative news before I unwind the long.

Gary,

Thanks for the response. I keep thinking of unwinding the long position, but haven't done so out of fear. Perhaps you are right about waiting for a correction of some measure before going with the flow and unwinding. AMZN closed at 61ish on Friday, so that would mean unwinding once it approached 55 (110 pre-split).

Another gamble is to unwind just before earnings are released in July. But it is a gamble.

Gary Korn
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