Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: put2rich who wrote (11439)	7/13/1998 4:09:00 PM
From: larry	Read Replies (2) of 18691

If you have looked at the trading pattern of AMZN in the past, you will find that everytime a major dip is followed by a rapid strong rally. No one can really time this one. As I can recall this year, AMZN ran from 60 toward 100 (presplit) in a hurry, and then settled for 80. Then it ran from 40 to 140 (postsplit) and retreated toward 94 1/4. is it time that this bad boy makes another bad move? Maybe. When the MM finishes making $$ on the short side, they can immediately go long to have a short squeeze party. AMZN has given too many fake heads in the past.:) larry!

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