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


To: Glenn D. Rudolph who wrote (144971)8/7/2002 3:19:07 PM
From: GST  Read Replies (4) | Respond to of 164684
 
I am a chicken -- I covered when the Dow turned positive and bought C calls -- I don't have any conviction on the upside but August prices are flippy because of the low volume -- I think stock buybacks and institutional rebalancing will continue to whipsaw the market -- especially going into a Fed meeting and an options expiration next week. I take some pleasure being short amzn -- a pleasure that will have to wait for a week or two.



To: Glenn D. Rudolph who wrote (144971)8/7/2002 4:35:34 PM
From: Oeconomicus  Respond to of 164684
 
Somebody sharpen the axe - that neckline is proving rather tough. ;-)