Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: Mike M who wrote (8628)	7/3/1998 12:07:00 AM
From: Gary Wisdom	Read Replies (1) \| Respond to of 164684

Hey Mikey, how's those puts you bought when the stock was $80? Hahahahahahahahahaha. He who laughs last, laughs best.

To: Mike M who wrote (8628)	7/3/1998 3:39:00 AM
From: Tenpole	Respond to of 164684

Mike, I agree with you on the timing although given yesterdays movement, it could happen today. Retracement - given what AMZN has been doing, I don't think we can call it; it may just pause for breath. There might be a similar movement to the 6/18 which only took 3 days to break back through (allowing for the fact that there is no fundamental reason for any of this!). Regarding the top, damn it, it shouldn't be this high! There are as many reasons why this one has flown as you could want. My personal view is that I have given up trying to predict it and am going to do very short-term trades on clear signals. If it does dump, none of the support lines have ever been tested - they only existed as brief resistance. Possibly the best case is 100 (38%). Where is Doug R. when you need him?! T