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

To: Rob S. who wrote (13512)	8/13/1998 11:14:00 PM
From: zax	Read Replies (1) \| Respond to of 164684

The logical way to short is to not get in over your head and to set whatever you think is a rational point to get out and then stick to it unless the underlying situation changes. Good for you - I wish everyone had your discipline That is very much how I made my decision. Shorted at 143 1/4. Made up my mind not to cover until 60 from day one. Now I may not look so smart for having failed to cover at 95 three days after I made this short... BUT NOTE AS FOLLOWS: As so much smart money is betting this stock is going to tank, that there simply has not been any short shares available for over a month, I would offer to you that when then stock does tank, my gain will be significantly greater than if I'd gone for the quick 35% profit (although definately not as easy!!!). I would also offer to all people here, that the average days to short covering indicator on AMZN shows an imminent tanking in the works. Not to say that I believe in this oft used indicator of an impending stock crash... I only quote it, because the indicator in fact agrees with my personal feeling and interests at this time :) Now for a little less seriousness... DIE YOU PIG DIE DIE DIE DIE DIE DIE DIE Just had to get that out. Thank you ALL, and have a good night! -- Zaxbowow