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

To: OtherChap who wrote (17475)9/17/1998 3:03:00 PM
From: Jay Rommel  Respond to of 164684
 
> Some fed guy hinted that interest rates might be coming down.

Who??? I'll go LONG on Bank stocks now and close all my short positions???

BTW, HJ Morris ... let's stop the joking around, the guy might actually think we're serious and go long on AMZN ...



To: OtherChap who wrote (17475)9/17/1998 3:05:00 PM
From: Jay8088  Read Replies (1) | Respond to of 164684
 
The short term support at 80 is holding so far. A break below 80 would be bearish. A break below 70 would be VERY bearish.



To: OtherChap who wrote (17475)9/17/1998 4:20:00 PM
From: Oeconomicus  Read Replies (1) | Respond to of 164684
 
I just dumped the puts ... And I just opened a long position...

Thanks, OC. I needed that. ;-)

Looks like somebody stopped propping it up toward the close. Did they run out of panicked shorts or did the options guys finish closing their September puts? Time to screw the call buyers now?



To: OtherChap who wrote (17475)9/17/1998 4:25:00 PM
From: McNabb Brothers  Respond to of 164684
 
OC,

Thanks a million! Did you cover on the end?

Hank


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