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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Bald Man from Mars who wrote (10527)6/26/1998 1:06:00 PM
From: Marconi  Read Replies (1) of 18691
 
Hello BMfM:
AMZN should come down within 3 years--the time they are predicting accounting profits. In a sense, this parallels ZITL with A.D. 2000 capping them at less than 3 years time frame, and more practically like 1997 as the time frame (a little over a year time frame). I think if you accept this view, then one has to estimate the high or a a several highs and estimate the prudent positions to take up front. I am attempting to do that now, having gone short this week with synthetics at first, followed by shares short.
Best regards,
m
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