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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Kip518 who wrote (11194)7/8/1998 4:15:00 PM
From: put2rich  Read Replies (2) of 18691
 
My heart almost jumped out when amzn moved from 107 to 119 in minutes but stayed firm and did not cover at loss. I hope that internut and esp. bookselling amzn is mortally wounded. Oh well many wrongs before, but I will try to covered at b/e or small loss then reshort higher if it is like today. One thing I feel comfort is time is shorters friend in amzn. Strange at work I have paperloss of 1-2k in one/two days for amzn and did not feel a thing. Now 'jobless' and in front of the tube I almost got a heart attack. Well it is better to play fundeamental and small in that sense to save the time/health.
Good luck to amzn shorters tomorrow and days to come.
(Feel comfort that Funds did not jump in to buy value amzn so it closed lower - of course just want to be in/out to maximise gain and have few paperloss but far from a pro)
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