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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST

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To: Steve Andrew who wrote (19508)10/1/1998 8:20:00 PM
From: M. Frank Greiffenstein  Read Replies (1) of 164684
 
Do I get CE credits??

That was fantastic, Steve. I didn't understand half of it, but your post dissolved some of my skepticism about market manipulations as an explanantion for stock movements.

Question: Vinik's tactics ahve failed in the past, what was his undoing? Are there countertactics? Or does the best manipulation fail when there is just too many people selling a stock?

I can wait this out. I like to buy puts with long terms, holding the Jan 100 and 110 puts. But I wish you had psoted this earlier, could have saved me the expense of selling and rebuying Oct calls as hedge!

DocStone
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