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

To: IceShark who wrote (22234)10/19/1998 2:14:00 PM
From: RFF  Read Replies (1) | Respond to of 164684
 
Bought my longs back at $103, but AMZN sure isn't participating strongly in this latest up move - maybe I bought them back to soon...

With a 1000 point move up over the last couple weeks, I think the Dow should be due for a little profit taking/rebalancing shortly - probably bring AMZN down with it. I'm to scared to be completely short AMZN for more than a few hours though.

Bob



To: IceShark who wrote (22234)10/19/1998 2:46:00 PM
From: Peter Church  Respond to of 164684
 
Thanks for that reply.

I was able to short shares of AMZN today with Brown and Co. (an affiliate of Chase M.) by letting in-the-money naked call options expire. Otherwise, they don't have shares to short.


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