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Strategies & Market Trends : Value Investing

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To: Jurgis Bekepuris who wrote (5689)1/10/1999 11:28:00 PM
From: Paul Senior  Read Replies (2) of 78729
 
Fellows: Could you see and describe a point or points where shorting should have been initiated for IOM?

quote.yahoo.com

Because my recollection is different from Jurgis's. I do not recall an announcement of earnings or revenue shortfall at the inflection point. But I remember that point and when it occurred very well- because I thought of shorting specifically there. But no stomach for it.

If you do see an appropriate point, could it be applicable to AMZN?? I see a reference point on the IOM chart,and I say it is applicable. Now that has no real basis for substantiation -- we're only talking one or two stocks here, and we're not talking value fundamentals at all--- but there's enough of a clue for me to be wary and maybe to say... the top for AMZN mania has not been reached. Of course, that's OPINION only,and I've been wrong many,many times before. -g- Paul Senior
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