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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Mama Bear who wrote (10417)6/22/1998 2:18:00 PM
From: Gary R. Owens  Respond to of 18691
 
AMZN up almost 5% today.

quote.yahoo.com
Anyone think that with the surge in volume that
this time is really, really, really the blow-off top?

Wait I think I've posted this a few times before?
Deja Vu all over again.

gary



To: Mama Bear who wrote (10417)6/22/1998 2:19:00 PM
From: Dale Baker  Read Replies (1) | Respond to of 18691
 
Barb, one of these days some zealous longs are going to dredge up that post and throw it out as proof that you really are Asensio's evil, demented love child. ;<)

Peter, I bought a very small amount of AMZN puts at low cost, as FARRRRR out as I could go. Lots of poor bastards getting squeezed into dust right now on the short side. But bubbles tend to burst unless you can prove a huge revenue base (AOL) or have a claim at being an Internet attention leader (YHOO). Even then those two could pop if they don't get bought out.

No more short-term puts on heavily shorted high flyers for me. I can wait.



To: Mama Bear who wrote (10417)6/22/1998 2:40:00 PM
From: McNabb Brothers  Respond to of 18691
 
Barbara,

For those who have not seen trading places and is an investor or trader needs to be sure and watch it! One of the all time great movies IMO!

Hank