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To: Alex who wrote (35218)6/11/1999 11:43:00 PM
From: The Barracudaâ„¢  Read Replies (3) | Respond to of 116753
 
Amazon internuts talking about gold

Talk : Web/Info : AMAZON.COM (AMZN)

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To: Cap_Loss_Cfwd (61996 )
From: GST Friday, Jun 11 1999 4:46PM ET
Reply # of 62076

Hi Cap -- The overall message this week is 'global recovery'. Gold will move up and short covering (there are roughly 8,000 tons of metal shorts) will do the rest. The nets are dead meat. If you want a similar play, buy NEM. For me, the spec allure of the calls is all I care about right here and right now.



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Amazon.com (NASDAQ: AMZN) Time: 4:01PM
Last Trade
105 13/16
Change
- 10 1/8 (-8.73%)
Bid
105 3/4 Ask
105 13/16
Volume
06,942,2000

Prev.Close
115 15/16 Open
115 1/8
Day Range
104 3/4 - 117 00
Last Tick
0Down0
Avg.Volume
07,855,6000


52-week range: 19 27/64 - 221 1/4

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To: Alex who wrote (35218)6/12/1999 12:22:00 AM
From: PaulM  Respond to of 116753
 
"Supposedly [Tiger]...borrowed...pocketing...spreads in the "yen carry trade."....Well, this bet has been a big loser as the yen has been surprisingly strong and US rates have surged sharply higher..."

"Certainly, we see considerable evidence of what appears to be major efforts to unwind positions...."

prudentbear.com