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

To: Glenn D. Rudolph who wrote (15862)9/3/1998 12:01:00 AM
From: Olu Emuleomo  Read Replies (1) | Respond to of 164684
 
This is suppose to be fun too and too many shares take the fun out of it.

I learnt that lesson the hard way. I found that if I have too much at stake, I tend to either sell or cover too early! I was able to ride AMZN down from 133 to 72 because I shorted only a few hundred shares; a figure I felt comfortable with!!
Like Livermore said... "Sell down to the sleeping point!"

--Olu E.
[Waiting patiently for AMZN at 103-109 to do more shorting :-)) ]



To: Glenn D. Rudolph who wrote (15862)9/3/1998 1:11:00 AM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
Glenn,

I think that you have improved your Amzn position by about 20% in the past week or so(from 137 to 65), that's no small miracle. :))

We can all examine our existing Amzn positions and try to find "competitive advantages". For a larger box, maybe writing calls/puts at high/low ranges for large premiums is a consideration.

I maybe all wrong, maybe others can comment.


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