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


To: Sarmad Y. Hermiz who wrote (44236)3/5/1999 8:25:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Sarmad -- Well, you seem to have company in your assessment and you follow this closely. This is my dilemma -- if I buy puts on AMZN and it holds its ground or goes up in the next week I will get killed. If I wait and the market rallies and the same thing happens, then I have a great opportunity. Right now I want to wait for the opportunity to come to me. But for short selling, hey, you might be right on. Good luck on your trades -- but do watch out for this rally -- there will be more than one day of short covering in the broader market and it will become harder each day to watch the overall market move up and stay out of it.