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

To: Radim Parchansky who wrote (76884)	9/7/1999 5:33:00 PM
From: KeepItSimple	Respond to of 164684

>sold all at 82 missed 26 points! sorry! i missed those points too! well, 25 of them anyway. >AMZN I have 7k shares of this stock, do you see any "clear" > direction here? Long term the direction is absolutely heading towards zero. Short term, who knows. I dumped this morning for a small profit on the calls and I dont intend to mess with it anymore. Making 66% on those MSFT puts I mentioned this morning is much more fun than waiting for a 10 point swing in AMZN just to see an option go into the black. The premiums are murder and it's too hard to hit a home run before expiration. Also, besides a much fairer price on MSFT options, the trades execute a LOT faster and you can enter a market order without ANY worry that they'll "bump" the price up by a dollar just to execute your trade.. Unlike Amazon options, where one of the major specialists has a written permission slip to operate outside normal bounds of legality. ( i think glenn posted the article early this year)