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


To: JOHN W. who wrote (71606)8/3/1999 5:13:00 PM
From: Bearded One  Read Replies (2) | Respond to of 164684
 
Good Luck to you, John W. I'm perfectly able to weather a
runup of a few points or a few dozen points. I don't give a s*** if the institutions want to buy up some Amazon to try to spike it, or if a few manipulative analysts (but I repeat myself) smugly says "well, Amazon has corrected and now it's time to regroup and build momentum" or some bs like that.

I'm still waiting for AMZN to reach my target price of 0.

And I say 0 only because shareholders aren't liable for company debt. Otherwise it would be lower.



To: JOHN W. who wrote (71606)8/3/1999 5:17:00 PM
From: Michael Young  Respond to of 164684
 
Hmmm. This is what you said last Wednesday:

<<I plan on covering tomorrow due to TA (MACD/questioning HS) and this thread new negative sentiment signaling a possible bottom. >>



To: JOHN W. who wrote (71606)8/3/1999 5:36:00 PM
From: TraderTerry  Read Replies (1) | Respond to of 164684
 
I covered all my August puts but am going to hold off on
my longer term puts. There were 2 big blocks bought by
institutions but otherwise there were a lot of selling too.
Infact the sum total of institutional sales was far more
than the buys. The party is not over it has just begun IMHO
and I am holding all my puts - including Jan 40 ones - puts
very very tightly. If some firms are selling AMZN to their
clients, this will not be the first time they would be pushing
losing stocks. Of course this thing can very well turn around
and go to 150 or more. Its just that I do not see that happening.