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


To: GST who wrote (43510)3/2/1999 4:25:00 PM
From: gjhinc  Read Replies (2) | Respond to of 164684
 
"...blind squirrel finds nut again..."

As one of the (FEW) AMZN bears... gotta say that was a great day. Got on a plane in NY "thinking" about placing a stop for 400 shares at 135. Got off the plane in SF covering "almost" all my position in the money. 110 in the am?

Thanks again to the bulls!!! Talk it up, UP, UP!



To: GST who wrote (43510)3/2/1999 4:29:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
GST,

In the last drop there were many false starts to the drop, but I did not trade them at all. I was so afraid that once the down trend starts, it is straight down to 40. So I held (many times in terror) to a large overnite position. Of course we now know that was stupid.

Now, with experience, I know this thing does not go straight down. The people who love it, do so passionately. So I will try riding the waves. But I don't have any belief in the long side. So basically it is trading around a short position.