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


To: OtherChap who wrote (16100)9/4/1998 12:44:00 PM
From: zax  Respond to of 164684
 
Zax, arent you worried that the MMs are going to try and keep AMZN at its current price indefinitely in order to keep from getting creamed on all those puts they sold to people?

Who would stand in the way of, as I recall one long once saying at 147, THE STONGEST TRAIN IN HISTORY.

The answer, my friend, is Zax.

As you might notice, trains do not exactly turn on a dime.

Which way is the trend now?

I believe with:

-150 @ 143
-100 @ 120
and now
-100 @84 15/16

And $50,000 Cash reserves, I can stand out a double.

Also note, THAT I WILL.

I anticipate a 10 point rise about this latest short within the next day.

No sweat. Its expected. :)

;-)