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

AMZN 230.81

-0.7%

3:59 PM EST

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To: Lizzie Tudor who wrote (47550)	3/26/1999 6:55:00 PM
From: HG	Read Replies (3) of 164684

I heard a theory once mentioned on the YHOO thread. Someone said that making money was so easy with online trading and the current market trends that even a monkey could have made 300% on its initial investment in 1997/1998 (quoted from the post). The writer continued to add that some people feel guilty at this almost freely acquired wealth and needed to feel that they were really "working" hard to make it happen.....so they shorted the leaders. Obviously it takes enormous amount of guts and concentration to make money on the short side than it takes on the long side - hence they felt that the wealth was justified....that they had toiled to earn their keep ! Me ? I'd rather relax and make the money come to me <grin> Hmmm.....maybe there is some truth in the theory after all...otherwise, its so damn easy to make money everyday just being long ! Jan's box trading strategy I understand, for it increases chances of success, but the need to just short is beyond my comprehension ! BWDIK ?

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