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


To: Jan Crawley who wrote (26883)11/18/1998 11:24:00 PM
From: Mark Fowler  Respond to of 164684
 
Mark, I see it quite differently. This is a dangerous time for long-term
short and long.

4 months ago, when Amzn was at it's all time high of $147, if I bought 200
shares then, my profit would be $5K today, and the risk were there during
the last 4 months.

By short/long/trading, the risk was minimized and the profit is far greater
than $5K. <<

Jan there's always risks. But the risks have changed in favor for the longs when Amzn hit 140 in my view. And not only that i would not go against the Fed. I'm through with the in and outs on this stock for awhile it really doesn't beat the long term holder because of taxes, trading mistakes and commissions. Trust me on that been there and done it.