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

To: slipnsip who wrote (8016)6/29/1998 1:50:00 PM
From: Peter Church  Read Replies (2) | Respond to of 164687
 
I think there is a likely run for 100 this afternoon. The momentum traders are playing bluff poker, IMHO. They are overextended in their trade and are pretending to have deeper pockets to entice other buyers in @ 100. That may work or not. Or they actually may have the buying power to move the stock again this afternoon. Or....?

It is very exciting and risky at the moment. I am short but watching closely.



To: slipnsip who wrote (8016)6/30/1998 12:05:00 AM
From: F The  Read Replies (1) | Respond to of 164687
 
David,
>>remember my position. Not good..<<
It is OK, yours is at least better than mine. I boxed some at $85 and unboxed them last Friday at $95. It is difficult to decide to box and unbox. Now, I just kept adding more puts and losing.

I hope the Momos are moving to XCIT. Well, volume did not really pick up at the closing either. It has been a sad exciting ride on AMZN. Still hang in there.

Felicia


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