Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 233.23

+1.8%

12:59 PM EST

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To: Bob Duncan who wrote (47330)	3/25/1999 7:45:00 PM
From: Al Chechatka	Read Replies (1) of 164684

I am short this stock (using leap puts and naked calls). My problem is I don't cover quickly enough and trade it during its range like the other person who was. I keep watching profits turn to losses and back again. After today, again I am negative. This is a traders dream, unfortunately, I haven't been trading it. I broke a major rule, don't watch profits turn to losses. This is the second time I could have gotten out with gains. Geez fool me twice shame on me! Good luck to the longs, there is money to be made on anything that is a big momentum player. The risks are great for both the longs and the shorts. But looking at the emotion here, without the fundementals, it will have its lower lows. If you are long and making good money, just remember to get out and profit. don't let them turn to losses. Because it doesn't take long for sentiment to change, look at Feb loss of over 50%. And today, look at Dell (a company that makes real money, but in the last month and a half, you cannot make a dime on it) Al C.

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