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

To: Roger Smith who wrote (8741)	7/4/1998 12:53:00 AM
From: jawd	Read Replies (1) \| Respond to of 164684

Roger, Regardless of what stock you trade, short or long, if you cut your losses you will always win. Let the good trades ride, but don't be greedy. These are not horses we're betting on. There is no need to gamble. When you give your money to the book makers you cannot get it back. If you bet on a stock and it starts to go wrong - you CAN get it back. In trading, you don't have to wait till the end of the race to find out you've lost completely. Next week AMZN will probably do what it did this week - same thing. There's nothing to suggest anything different will happen. AMZN could easily double again in a month. Given what's happened so far, that is the most likely scenario, whether it makes sense or not. But I do not advocate going for the kill and trying to double your money unless you can afford to lose it all, which I doubt. As for Glenn and all the other shorts, I hope they stop killing themselves and start accepting reality. AMZN is going up, not down. Reliance on luck isn't going to work - this isn't a slot machine.