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

To: put2rich who wrote (10973)	7/6/1998 1:02:00 PM
From: larry	Respond to of 18691

TD, I don't want to scare you...but since it broke 100 (presplit) I never tried to think about the top of this issue. I guess that the next stop should be a bit shy of 200. And maybe by then they will announce another split. This issue is for shorters who have DEEP pocket (like that you can afford to lose 500-1000% without getting a margin call). If you are borrowing $ to short this issue, then god bless you. good luck, larry!

To: put2rich who wrote (10973)	7/6/1998 8:14:00 PM
From: Tai Jin	Read Replies (1) \| Respond to of 18691

Never say it's too late to cover. Whenever I tell myself that, the stock almost always keeps going up and I keep losing more (e.g., I got killed on KLB short from Friday and finally covered today at 16 -- I'm glad I did because it closed at 19). You're better off cutting your losses and shorting again once it is clear that the stock is coming down. Don't worry, AMZN won't fall so fast that you can't catch it. You may miss one day's drop, but a correction will happen over many days. ...tai