SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Mark Myword who wrote (34799)1/13/1999 8:15:00 PM
From: Randy Ellingson  Read Replies (2) | Respond to of 164684
 
Randy - it got kinda scary today, did it not? Like when it was down 30 or so, and falling? When will the day come where it just keeps on going down, at an increasingly rapid rate of descent?
I wish you the best of luck in your attempt to get the upside swings, while nimbly avoiding the ultimate collapse of this trading monstrosity. The smart money is already out, or seriously considering an exit at any moment. Again, good luck in your gambling. Ciao.


I don't know, I think I was sleeping during the worst of it. I don't really worry right now about the upside swings and downward spirals. They'll take care of themselves, and I expect the overall upward movement will continue to surprise many over the next several years. That said, I will watch Amazon's business develop and will take necessary action to sell if I decide that they have taken too many serious wrong turns. I'd say it's those with short term positions who are gambling.

Have you taken any position in AMZN recently? I'll check your profile, but are you a trader, day or otherwise? Or maybe you have staked out a long-term short position?

Randy