SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Timoteo who wrote (10852)7/1/1998 11:57:00 PM
From: Peter V  Respond to of 18691
 
Timoteo - as AMZN goes up farther and faster, the more I'm convinced it's going to crash big. It used to be 6-8 percent moves, today it's 14 percent! But for all that conviction, I won't buy any more puts, even long term ones until this thing shows some DEFINITE signs of weakening. I'm not sure how much further it can go, but I've said that too many times to believe I'm going to be able to pick the top.

I think it's time to go back to the hype stocks favored by Barb. The gains aren't as fast (or in the case of AMZN, the losses aren't as fast), but they give me less heartburn. Pass the Maalox.