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

To: majormember who wrote (13673)	9/12/1998 5:43:00 AM
From: craig crawford	Respond to of 18691

AMZN is done. Wave goodbye to the old highs of 147, they're riding off into the sunset. Having said that, I closed out my AMZN short today and bought back the puts as well. AMZN can certainly rally but the squeeze is over with. Without a good old fashioned short squeeze at it's back there is little to support the insane valuation. AMZN has a chance of supporting it's valuation one day if another Michael Dell or Bill Gates is at the helm. Maybe I'll go pounce on some of these late bloomer nets that came late to the IPO party instead. GCTY, DCLK, INKT, or BCST? Adi¢s Amazon. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ "That's why Crawford's method is so wrong. How can anyone of sound mind invest in a so fundamentally unsound way? A lot of them feel that they can make their fortune and get out, but it doesn't work that way for most because the same overwhelming greed and recklessness that got them in will keep them there until the morning of the abyss, when it will be impossible for the masses to get out in time." #reply-4024767 Just be sure you sell your positions in these "Cramer, you bad, bad boy" garbage momentum stocks the day before they open down 60%, without warning. #reply-3998260 "Amazon boy and Craig in back to back messages a very bearish indicator indeed." #reply-4003998 Oh I sold the internets before they crashed alright...I sold them short! Hehehehe...