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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: DGG who wrote (17939)11/2/1998 8:40:00 PM
From: tom pope  Respond to of 120523
 
>>I am directionally slanted towards lower and wonder what anyone else thinks.<<

Couldn't agree more. Except that there are countless children in the streets of our fair country wandering barefoot, begging for alms because their parents shorted AMZN.

Seriously, I was looking at selling calls today. The premium on the puts is steep, not to say obscene.



To: DGG who wrote (17939)11/2/1998 10:22:00 PM
From: davep  Respond to of 120523
 
amzn on technical basis probably blast up but fundamentally is the most expensive website to ever be-6 0r 7 billion.



To: DGG who wrote (17939)11/3/1998 1:05:00 AM
From: Jenna  Respond to of 120523
 
AMZN.. will be good for 5-10 points down in a day or so.. I would only think of AMZN and YHOO as potentials for daytrades. They are great for options because of the leverage. Don't plan too far ahead.. On a good down day you can double your option or at least one point up is about 1k.. I think that it is close to a top but that there will never be any real patterns for stocks like that. Just like there was not clear pattern for CIEN...



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