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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: BSGrinder who wrote (75992)	2/16/2000 1:42:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 132070

I do not have the right "constitution" to play the down side, so when I see a down draft coming, I simply step aside (and I have been on the side line for quite sometime in RMBS and was fortunate to "sense" the impending explosion, if not its size). If I were inclined to play the down side, I would look to short or buy put into another rally to the mid $150 with a stop loss in the mid $160 or less. Or alternatively, short on a breach of $140, which appears to be a short term support. However, unlike most bears, I do not think that the down side potential is much more than $120 or so. I think that right now, shorting AMZN is a much safer bet. Zeev