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


To: dave michaels who wrote (32957)1/6/1999 11:23:00 AM
From: H James Morris  Respond to of 164684
 
>> It's got to at least correct a little.<<
That's what I thought for the last 2 months.



To: dave michaels who wrote (32957)1/6/1999 11:30:00 AM
From: CookiePuss  Read Replies (3) | Respond to of 164684
 
I get pleasure knowing that many of the self proclaimed gurus on this board have been completely discredited by AMZN's movement over the past few days. Your misguided speculation will be immortalized on this board for all to see.

Just goes to show you we all need to make our own trading decisions and not rely on the subjective opinions of others. I just ordered a book called "Zen in the Markets" written by a floor trader who discusses training oneself to trade not on what we want to happen but what is actually happening in the markets. Should be a good read.

Congrats to all the longs who have continued to hold, we continue to merrily laugh our way to the bank.



To: dave michaels who wrote (32957)1/6/1999 11:55:00 AM
From: Glenn D. Rudolph  Read Replies (4) | Respond to of 164684
 
I think this is the blow off top or VERY close to it. If it gets just a little higher
tomorrow, I will go short. It's got to at least correct a little. I'd urge you to hang in if
you can...I know it hurts...I have HUGE respect for your ability to be honest and even
tempered through this ordeal...I wish you the best.


Dave,

This was a very nice post of yours and one I welcome. I am still short. I am trying to predict future movement of this stock or may hedge going long YHOO but YHOO gapped up too.

I admit to being lost and confused at the moment. I just hate to bail at the top if it is the top.

Glenn