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: Sarmad Y. Hermiz who wrote (62787)	6/16/1999 9:39:00 AM
From: X Y Zebra	Respond to of 164684

After 50% drop on most of the nuts, it is too late to short, unfortunately. But I think trading from long positions should be OK. I have gone short under different market conditions, under the existing ones, only on a "day trade" basis. (i.e. close the position by the end of day). As far as today I am not short, (other than covered calls, but that is slightly different proposition), as I enjoy the premiums. Today is going to be "rocket day". Enjoy ! I have said it before, all these Internuts are VW Beetles with Ferrari engines, driven by Donald Duck. I am just being towed.... imagine the whipsaws !

To: Sarmad Y. Hermiz who wrote (62787)	6/16/1999 10:55:00 AM
From: Jan Crawley	Read Replies (2) \| Respond to of 164684

and hope 38-40 for the rest. Maybe in the relief rally after the FOMC meeting. OK Sarmad, thanks for Orcl! I am still holding the 1K @23; should have bought more but it is still wonderful. Have time to trade today but not much feel for the mkt. Still long 350 Amzn and 150 Yhoo. p.s. Yhoo is doing better than Amzn and I think 150 maybe anytime this week. You did well with your 200 buy yesterday...and wish that i still have my Amzn 4 Jun100 calls. It was an excellent buy move but sold well too early.