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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: GST who wrote (43510)3/2/1999 4:29:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
GST,

In the last drop there were many false starts to the drop, but I did not trade them at all. I was so afraid that once the down trend starts, it is straight down to 40. So I held (many times in terror) to a large overnite position. Of course we now know that was stupid.

Now, with experience, I know this thing does not go straight down. The people who love it, do so passionately. So I will try riding the waves. But I don't have any belief in the long side. So basically it is trading around a short position.
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