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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Phil(bullrider) who wrote (16700)1/7/1999 8:20:00 PM
From: McNabb Brothers  Read Replies (1) | Respond to of 18691
 
bullrider,

<Anyone that can make money is smart. The ones that can keep it are even smarter.>

Very true! Looks like all longs are making money with AMZN and all shorts are losing with AMZN as of the close today again! Can you name me a short that is able to keep his or her money after all this time since AMZN has gone public! I was short AMZN at an adjusted price of $12 over a year ago and I got out at a small loss and when I got out at $15 I thought it was over priced then! Haven't touch it since for I want to keep my money and be smart!

This market is crazy and I hope to profit by shorting AMZN at some point in time, but it is not the time IMO! This market is going to get even crazier and there will be more massive short losses in the internets! Look at the market today, down big in the morning, tried to rally only to fail then came back at the close! No one is selling and if there is a sell off people are jumping all over one another to buy. DO NOT fight the trend! Still very very bullish!

Hank