To: Mike M who wrote (6497 ) 6/17/1998 11:22:00 PM From: T. Pascal Respond to of 164684
<<Mark, I know you think that....but, unless you have been doing the future time travel...you are simply speculating....People have to believe that it is going much higher to pay up to these prices but no one knows if this bubble is going higher.....>> Certainly the stock could go higher or lower, but which is more likely? If you say higher, you're probably right. I recall the glory days for that other crater-hole, IOMega. Boy, did that stock rock the world of a lot of people. $1 to $70 to $4. Hee!! Hee!! Sound familiar? You want to make easy money? If AMZN looses more than 12 or 13 percent within a two week period, or perhaps within a month then get on your S-H-O-R-Ts. Short, short, short. Short, short, short. Or put, put, put. Figure this: The price rises quickly because of speculation (old granny and grandaddy pouring their lives into the gas chamber), because of low volume due to high short interest, because the shorters try to cover their positions, and because the future of losses for this loser looks less dim than it really is (and will be). I say, when that ends, there will be money to be made on the downside. And why not profit on the upswing? Stocks move down more quickly because selling is easier, faster, and more feasible than buying. Buying is risk. Selling is taking back money, so people S-E-L-L. You can make more money more quickly and with less risk on the downside. You can see a top more easily once it's passed. Watch the losers go up and up and up. Wait for the right moment, and take your free wealth. I'm glad it's so high, and I'm glad it goes higher. Burn, baby burn!!!!!!!! I can't wait, I can't wait, I can't friggin' wait!!!