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Non-Tech : MB TRADING

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To: Rick Faurot who wrote (3685)	2/6/1999 2:39:00 PM
From: Tim Luke	Read Replies (1) of 7382

oh yeah ...you want to know how smart i am??? well i will tell you anyway... back when i was a day trader i bought 1,000 shares of AMZN (11/17/98)at 138...and sold it 20 minutes later for 141 1/2..right before greenspan was going to announce a rate cut...i figured if he didn't cut rates the market would selloff and amzn could drop 20 points or if he does cut amzn could go up 20 points.....too much risk for me at the time so i took my few thousand profit off the table....well IF i would have held ..i think amzn hit 400 or so.....that was a 250,000+ profit that i took off the frickin table

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