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


To: Peter Church who wrote (6880)6/20/1998 4:41:00 PM
From: Mark L  Read Replies (4) | Respond to of 164684
 
Well... I just decided to buy a book online... Hmmm... I went to
the 'ol Amazonian and found it for... btw the book was Culture Shock : Philippines.

Item(s) Subtotal: $ 10.36
Shipping & Handling: $ 3.95
Tax: $ 0.00
-------
TOTAL DUE: $ 14.31

Then went to Borders and they wanted....

Merchandise Subtotal 9.06
Shipping 3.95 -------
Total $ 13.01

Hmmmmm.... Guess which one I bought.... anyways I'm happy to have a small short position on this one that I'll hold til it comes back down to earth. I have bought books from Amazon in the past and have been satisfied with the service.... but I'm sure Border's can also handle the terribly difficult task of dropping a book in the mail...the stock is worth every penny of $10/share.



To: Peter Church who wrote (6880)6/20/1998 4:50:00 PM
From: F The  Respond to of 164684
 
Peter,

>> is day trading machine with a positive bias. The cycle repeats daily. Most of the traders have been bulls. I don't think it is a bull vs bear playing field. The bears have been marginalized long ago. No sense in loosing more money making a last stand. I'm focusing on the short term, although it is a pain to be that narrow.<<

Just be careful when you go long and it may drop drastically without a warning. See, the pattern for the last two weeks may not continue that way and it may stop when you just get in. Of course, I have a bear's bias.

The reason I am short and have lost a lot of money, I intend to stick around. I keep adding some more puts when it goes higher which was not really wise in the beginning. Now, I think it would be hard to climb further. Don't quote me that we said this when it was $40. I may day trade for long against my short but only 1/3.

Good luck!

Felicia