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


To: Doug Robinson who wrote (47579)3/27/1999 10:05:00 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Doug, thanks for the link. I just set up a new hedge the other day mainly because of varying opinions. This link is very positive for the bulls and I notice was just written. You just have to go back to the end of Jan and you get this also from ZD which the bears would like.
zdii.com
I really don't care if the "Thing" goes up or down. I just want to be opening and closing my lids on the right side of the momentum.
The nice thing about a hedge is if you have no feel on a given day. You can just keep both of your lids on and not lose a penny.
The best way for me to go is stay unbiased. Every morning I'll watch the S&P futures, Nasd, Aol and Yhoo very closely.
Trust me on that.
Ps
I'll also keep my eyes on Maria Bartiromo on Cnbc. I love her hype and her energy. As much as I can't stand her squeal. She does give us a pretty good idea though, how the morning action will look. Don't you think??



To: Doug Robinson who wrote (47579)3/27/1999 8:33:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Doug,

>> The late sell off was typical of most stocks with no one wanting to hold anything over this weekend.
<<

I accept all that you say, but when they bought amzn at 147 throughout the first hour, didn't they know it was Friday. Surely it didn't take until 1:00 PM to realize that. I think the answer is something different. Which is the early excitement was regarding Amazon's entry into the auction business. And the selloff was a disappointed response to that news/rumor.

What we don't know is this. Are traders disappointed that Amazon's announcement will be delayed a week ? Or do they disapprove of the idea of Amazon competing with ebay ? The answer to that is worth few $ million, at least.