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

To: James Strauss who wrote (16238)9/6/1998 1:03:00 PM
From: Olu Emuleomo  Read Replies (1) | Respond to of 164684
 
AMZN has support in the 50.00 area...

That's true. But it also has support at $69. When AMZN closes under $69, one can safely short it (buy stop 73), and cover at $50!

--Olu E.



To: James Strauss who wrote (16238)9/6/1998 11:50:00 PM
From: The Perfect Hedge  Read Replies (1) | Respond to of 164684
 
James--
You've brought AMZN on my radar screen....It seems like a no-brainer in this kind of market,no?I'm trying to play the imminent market fall that we're all feeling...Do you think the most money is to be made on AMZN puts or OEX puts if you had to choose?

Also,I'm going to jump in on Amzn but would you wait for a bounce?

Thanks and appreciate your dd..

B


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