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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Greg M. who wrote (11746)7/20/1998 3:55:00 PM
From: Daniel Ray  Read Replies (2) of 18691
 
Short AMZN if you can stand 200% paper losses for indefinite periods. Eventually you will make money . . . possibly very soon. If you are a weak short you will contribute to the run-up. The market has a funny way of extracting money from weak positions. I would not touch AMZN either long or short. I think you would get better odds at a craps table if you know what you're doing. . . .

Shorting AMZN is for deep-pocketed pros.

But hey, if I'm so smart, why ain't I rich?

Good luck to all!
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