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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread -- Ignore unavailable to you. Want to Upgrade?


To: Mark[ox5] who wrote (521)2/17/1999 7:50:00 AM
From: Steve Smith  Respond to of 779
 
Mark,

I'm suffering in AMZN. I'm still holding it. I guess I timed it all wrong. We still have 3 more days til Friday.

take care,
steve



To: Mark[ox5] who wrote (521)2/17/1999 9:58:00 AM
From: Steve Smith  Read Replies (2) | Respond to of 779
 
Mark,

I bought XPRT @ 2 3/4. New ecommerce website. Not sure if the news is still hot or not.

steve



To: Mark[ox5] who wrote (521)2/17/1999 12:20:00 PM
From: Cymeed  Read Replies (1) | Respond to of 779
 
<<< Anyone else suffering or just me ;) >>>

You are not alone, Mark. I sold my AMZN PUT for a slim profit (damn MM demand a wide spread on bid/ask), loaded myself with longs on Friday. Now I am suffering. The profit from AMZN PUT can't even cover half of the loss from AOL I suffered.

Good news is (so far), CKFR appear to hold together well. And Greenspan is passing around coupons for purchase of U.S. Treasuries. This should inject more money into the market. The liquidity dry-up seen for the last few weeks may ease and that may put up the market well. The bad news is, and you are right, this market is sick.

Good luck.