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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: powershred who wrote (21622)	11/24/1998 2:42:00 AM
From: IQBAL LATIF	Respond to of 50167

This AMXN thing is purely a speculative play, I think position will see the day light although I would never short these stocks but like bond trade I have to see inrrationality when it goes out of hand and I don't like to miss those opportunites it may go to 100 $ post split but I am in for long four months and I will see my levels market are never one way street it is always at the top you use some percentage of profits to play the other side and right now I am totally in the play- either I will double my money or if AMZN does not go down my long portfolio will not much affected from any downturn which misses the AMZN's so it is an intelligent bet-- I broke my 1555 break commiment but 37 $ higher was too much for me-- the leverage stock I now have a control if it breaks on the downside is incredible for very little but I am much more relaxed to put that trade on to hedge my huge exposure. even from my standard-- I have seen markets and will never be outplayed by emotions for me pull the trigger on hi fliers now as far as long puts considered I will buy puts on NDX below 1520-.. break to cover at 20 or 50 days average as the case may be...