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


To: Sarmad Y. Hermiz who wrote (67147)7/9/1999 10:29:00 PM
From: Sam Sara  Read Replies (2) | Respond to of 164684
 
NITE got Barroned?

I bought NITE this AM, and was patting myself on the back for a good buy. Of course the bottom dropped out of it this afternoon, thanks to rumor of negative Barron's article.

Perfect inverse H&S (I think Olu pointed this out earlier), looked like it was poised for good things, to no avail.

If article is negative, Mon could look ugly. I am trying to stick to my 8% loss=sell rule, but I am tempted to hold through this one. AMZN tanked right after its Barron's "bomb" article, but it was quickly forgotten.

I got shook out of GMST and RNWK recently due to mental stops, and regreted both, esp. RNWK.

Potentially painful, but I may well hold at least until earnings.



To: Sarmad Y. Hermiz who wrote (67147)7/11/1999 9:17:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
I think it is getting to the buying range now. I'm still stuck in LCOS.

Sarmad, you think that Yhoo is coming into a "short-term bounce play" sort of buying range? I sorta feel the same way too, maybe a 350 shares limit buy @153 for the next week and hopefully a quick $10 gain. I am only holding 350 Amzn shares as of now so there is flexibility. I am trying to read some short-term Yhoo directions from it's option trades on last Friday; and I think many were closing their calls at big losses as time/volatility premiums were dropping fast. But the big callers/traders made big Yhoo $$ earlier last week may be ready/willing to "call" in again to take some put$$ if Yhoo goes toward $150 next Monday/Tues.

As for LCOS, not very sure about it coz I have never trade Lcos before.