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

To: slipnsip who wrote (5598)	6/11/1998 2:42:00 PM
From: zebraspot	Respond to of 164684

I didn't get excited when I was up 50% and I don't get too excited about being down 50%(a little cranky maybe - sorry). I'm in it for +300 or 400%. I'll let it all ride. Plenty of longs elsewhere to cover this if the bull continues onward. Even though it hasn't yet acted as a market hedge, if the market keeps going down, it will. Always wise to have at least one supercharged put position to hedge a (historically/hysterically) high priced market like this one. I net made money in October '87 thanks to such put "insurance". I'll never forget that lesson.