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

To: Tai Jin who wrote (11042)	7/7/1998 1:25:00 AM
From: put2rich	Read Replies (2) \| Respond to of 18691

<<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. >> Nah, I have only 100 shorted close to 100. I could not imagine the madness ... but covering at this level is suicidal. I just regret that my fund is too limited to average up and searching for loan to short 100 more at 150, may be too late. As long as I know AMZN will go down to at least 80 in 6 months then I am happy, but my conviction is this sucker will touch 20 in 1 yr. I think the hype of internet will die in 1 yr, since economy will turn sour and even this wonderful technology does not change much the way people live/spend money, not counting competition and crazy valuation.