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


To: horsegirl48 who wrote (115827)1/19/2001 5:03:51 PM
From: craig crawford  Respond to of 164684
 
>> I hope its not dead money, but the report just dosent look that bad. <<

Well SUNW and many other techs have a lot of base building to do now. The nearly 600 points off the bottom came rather quick. The next 600 points will be a long slow grind. Now that I cleared out all my calls and stock this a.m. except for my rather large and growing SUNW position :), it may be time for me to take a vacation for a while. The easy money has been made. The market hasn't rallied enough for me to short, and I think it's going to back and fill for a while. Backing in filling and basing is no fun if you're an options trader, so I think I might have to think about selling some options now, as in covered calls on stocks like SUNW which is just going to be range bound for a while.