Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: 16yearcycle who wrote (62372)	6/14/1999 12:08:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 164684

>> but have slipped to 100% for the year, Many people would be very happy with that result. You should be too. I am still trying to achieve a fraction of that.

To: 16yearcycle who wrote (62372)	6/14/1999 12:13:00 PM
From: Sonny Blue	Respond to of 164684

EK, there is time to hold and there is time to fold. You're doing well by any measure.

To: 16yearcycle who wrote (62372)	6/14/1999 1:28:00 PM
From: Cap_Loss_Cfwd	Read Replies (2) \| Respond to of 164684

In fact, most of us are green with envy. But 20,000 shares of nets would keep me from sleeping at night. BTW, could the chart readers and star gazers out there give us a prediction as to whether the 2:30-3:00 move will be up, down or absent?? I have an urgent need to know!!

To: 16yearcycle who wrote (62372)	6/14/1999 2:26:00 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 164684

You and I are almost in identical situations. I haven't decided how to reweight things yet.

To: 16yearcycle who wrote (62372)	6/14/1999 3:30:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 164684

Sorry to hear you got your hands burned . . . but playing with fire can do that sometimes. Your post is very reminiscent of what AMZN and other net stock bears were expressing late last year and early in 1999. The trend is your friend - but it is hard to recognize that before it is too late. But what do you have to complain about except not being perfect? Give yourself a break. After all, you are still up a bunch.

To: 16yearcycle who wrote (62372)	6/14/1999 5:49:00 PM
From: Glenn D. Rudolph	Read Replies (3) \| Respond to of 164684

You had a post this weekend where you stated that apparently you are the only one who is ever wrong. Allow me to join the club. I overbought in the days leading into the June 1 bottom, and have spent the last 30 minutes selling about 35% of my net shares into this small bounce. I was up 500% since last October,(after a compounding 50% per year for the previous 10 years), and 250% since January 1, but have slipped to 100% for the year, taking a brutal beating on aol, athm, ebay, rnwk, vert and cmgi in the past two weeks. That is enough. FWIW, I now have about 20,000 shares of various nets but am off margin. Time for a break from this level of speculation, and to just go into buy and hold mode.I cannot throw away the chance to retire within a couple years. And I will be ecstatic if this marks the bottom. and it really should be, with interest rates stupid high, sentiment so negative and the nets set up for the pre e run. But I can't afford to be wrong, holding as much as I did. Gene, I bought way too high on many stocks. I sold some some AOL in fact all but then was stupid enough to buy some back. I took a killing on PCLN, AOL and AMZN today. I wish you the best. I wish all longs and shorts the best. I hope this selling is finished in these stocks. Glenn