Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Daniel Ray who wrote (11747)	7/20/1998 4:15:00 PM
From: Greg M.	Read Replies (1) of 18691

>>Shorting AMZN is for deep-pocketed pros.<< Daniel, I have a fair amount of experience, but I'm not a pro, although apparently I have deeper pockets (incl. broader portfolio) than many shorts. I honestly think it is the shorts alone who are doing the serious buying. No funds are buying, and few enthusiasts are buying, just the shorts and day-traders riding the wave--(who can change coats very quickly). And even though the MM's may be encouraging the volatility, I hesitate to say they're to blame. I am not shocked AMZN is testing its high, (and was prepared for it & more). I will be very surprised, however, if there is not a sell-off sometime the next few days. Good luck, Monty

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