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Politics : Ask Michael Burke

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To: Tommaso who wrote (48014)	2/20/1999 2:45:00 PM
From: Stefan	Read Replies (1) of 132070

Tommaso I am glad that you were lucky to time this poppy. To tell you the truth I didn't like the sudden drop on Friday, since it brings day traders in. I like the slow $2 $3 point erosion. In retrospect I should of sold the put I hold when it dipped below $85 but I did not. Sometimes it is good to go on instinct, but then if sold would I buy it back yesterday? I will stick with my original target of AMZN below $52. The chart still confirms the downturn and this is only thing this stock had going for. Now they have nothing even the news releases don't work anymore. I believe those are the sings of AMZN stock coming back to reality. Below is a link to chart of AMZN. clearstation.com

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