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


To: Andrew who wrote (6917)6/21/1998 3:49:00 AM
From: fred woodall  Respond to of 164684
 
Andrew since I can't get more than 200 shares to short AMZN I have to settle for YHOO. Wouldn't be surprised to see AMZN 55-62 next week.



To: Andrew who wrote (6917)6/21/1998 10:08:00 AM
From: jawd  Read Replies (3) | Respond to of 164684
 
I think AMZN is heading to 68-70 Monday, I have been bearish and will be until they drop to below 50.

That's why you bears are losing big time - you are letting your emotions get in the way.

"...bearish and will be until they drop..." means that you have put yourself in a straight jacket; a corner; you are expecting the market to do what YOU want and you are not dealing with the reality of what the market is actually doing.

If I was long in AMZN (which I'm not) I wouldn't take my eyes off it for 5 seconds because yes, it can drop like a lead balloon at any time. But equally so, there is absolutely no indication to say that AMZN is heading downwards. So shorting is equally dangerous.

My question is this: with so many other stocks out there that are much easier to read and play, why are you losers so fixated on AMZN? Surely, if all you want to do is make a profit then why persist in trading AMZN which has screwed you over time and time again?

Maybe its about time y'all got your priorities straight.



To: Andrew who wrote (6917)6/21/1998 10:13:00 AM
From: jawd  Respond to of 164684
 
Reminds me of the old IBM ad "I think, therefore I am"

AMZN bears: "I think like a loser, therefore I am"

No malicious intent intended :)



To: Andrew who wrote (6917)6/21/1998 10:42:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 

I think it's pretty stupid that people tend to change their views very easily. Or maybe
they didn't, just supporting their stock and option positions. Last Thursday, when AMZN
went down about 7 pts, most of people were bearish in here, now just because they went
up 4 pts, more people become bullish? Heading back to 80 now?

I think AMZN is heading to 68-70 Monday, I have been bearish and will be until they
drop to below 50.
Thank you very much!


Andrew,

My position has not changed. I still feel the fall has begun and I am in it for the ride. Friday was an abberation due to options in my opinion. I did not believe option expiration would affect this stock but I was apparently wrong.

Glenn