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


To: saber hormi who wrote (2641)4/1/1998 2:57:00 PM
From: Tom D  Read Replies (2) | Respond to of 164684
 
I would think that shorting this stock is a humbling experience.

I don't conclude that the bulls are necessarily smarter than the bears (more like lucky?). Its like Marty Zweig says...cut your losses, let your winners run. We are all guessing and placing our bets. It is just risky to short it because nobody is really sure how big internet commerce will be, and how loyal AMZN's customers will be.

I wouldn't bet on technical analysis of this puppy either. So much for the double tops, Doji stars, etc.

Hopefully everybody is betting money that they can afford to lose on AMZN.

Tom D