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


To: Jan Crawley who wrote (32803)1/5/1999 10:36:00 PM
From: KeepItSimple  Read Replies (3) | Respond to of 164684
 
Actually, playing options is pretty easy on Amazon if you pick the right direction. :) Since it usually moves 20-30 points each day, and the premium for in-the-money calls/puts is about 25 bucks, just pick an option 30 points out of the money, and in 24 hours you double your money.

Of course, picking the direction is the tough part. Although for 99% out of the last 60 days, up 30 points is the right direction. :)




To: Jan Crawley who wrote (32803)1/5/1999 10:43:00 PM
From: Raiders  Read Replies (1) | Respond to of 164684
 
Hi Jan,
How are you doing? I bought some puts on amzn and straddled Yahoo.
Seems like it is easier to make money on these stocks by the day.
I went make into internet stocks after the 20th Dec and I have been able to make money on almost every trade short or long. But I think the internet bubble is about to burst and it is in the cards.
It seems like the Bulls are having a good time on this thread, but when people like Day Trader are ready to pounce on every bull it seems like the end is near. This is the same when the bears like me were beating up on the bulls the bottom had been created for these stocks.
Good Luck and Best Wishes
Raiders



To: Jan Crawley who wrote (32803)1/5/1999 10:44:00 PM
From: DAY TRADER  Read Replies (2) | Respond to of 164684
 
THE UNDISPUTED CHAMP OF ONLINE RETAILING IS AMAZON.COM

EBAY SANK TODAY

UBID SANK TODAY

ONSALE SANK TODAY

AMAZON ROSE!!!

DT



To: Jan Crawley who wrote (32803)1/5/1999 10:47:00 PM
From: DAY TRADER  Respond to of 164684
 
FROM CBS MARKETWATCH TODAY

INTERNET STOCKS

Ticker
1998 increase
Amazon
(AMZN)
966%
Yahoo!
(YHOO)
606%
America Online
(AOL)
522%
eBay
(EBAY)
434%
Infoseek
(SEEK)
365%
Excite
(XCIT)
198%
Lycos
(LCOS)
158%
Onsale
(ONSL)
144%
CNET
(CNET)
73%

AMAZON THE CLEAR LEADER!

DT