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


To: 16yearcycle who wrote (65913)7/1/1999 2:13:00 PM
From: Sarmad Y. Hermiz  Respond to of 164684
 
>> And I think you'd be right, but it is usually suicide to short a breakout. But last time, you would have made a fortune

Last time, with yahoo we waited 2 days after e, when yhoo clearly could not hold new highs. My first short was around 210. But Jan, being a very brave person, shorted on e-day at 226.



To: 16yearcycle who wrote (65913)7/1/1999 2:18:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
but it is usually suicide to short a breakout. But last time, you would have made a fortune

Eugene, I will short new highs(breakouts) with Amzn/Yhoo/Aol. Why, a. the new and improved float in the big 3, B, Sep/Oct will be down time again for the nets.

The problem is that those reasons are becoming apparent so Amzn/Aol's new highs for this Q is out of the question(IMO). There is something about Yhoo, coz it's the first to test.