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: Jan Crawley who wrote (39041)2/9/1999 3:01:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Jan,

< But now that you are even, just take $$, don't give $$, always protect yourselves first! >

I have a dilemma. I really don't know whether I want to just accept break-even, or take a big risk (and possibly a big reward).
AMZN is actually looking very strong compared to where it should be. So to me this says the mania is still alive and the day traders, brokers, hypesters might still be able to drive it up short term.

However, everyone who is long since mid December is in a losing position. And they are losing 5% per day. How long till they sell ?
Is it possible to have a short squeeze now ?

I have to think about this for the next hour.

-Sarmad