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


To: Glenn D. Rudolph who wrote (69401)7/24/1999 10:44:00 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 164684
 
Kis might be hurting from his last call, I lost a lot in options once, you are on the wrong side and its a wipe-out. I like trading options but restrict them to 10-15% of a protfolio or 50K, whichever is smaller.

On these net stocks I know the TA says we can go lower but I'm feeling very negative now, we might be nearer the bottom than people think. The entire August correction mentality assumed an earnings run in July which we didn't get along with the good earnings. I'll be this august decline that everyone is anticipating is not as severe as they think (unless, we get a rally along the way). I'm doing a bunch of thinking about this because I have cash in a Roth IRA right now. No shorting, no options, I have to go long. I'm trying to time into Amazon right now.