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To: Sarmad Y. Hermiz who wrote (47700)	3/28/1999 7:12:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

So now they cover very quickly. Some buy in advance to sell to the bulls. That is what happened the last 4 times amzn crossed 140 Sarmad, very right. I am so happy that you are able to describe in such way that it becomes plain and simple. Anyway, imagine the large holders(the elephant institutions own 37% of outstanding shares) strategies; They will hold still with 50% of their holdings and trading the other 50%. By and large, they will try to sell high and buy back low. And they will always reserve part of their buing power to pile on during the squeezing periods---To squeeze the shorts and to squeeze the momentum retail buyers. But eventually, the big elephants will have to fight with each other coz they own most of the outstanding shares. Mr. B cannot sell either, for the obvious reason. But now, the questions are, How can any shorts not seeing this?? How can any elephants not telling the longs to just "buy and hold"?? The elephants absolutely need shorts and the buy/hold retailers!! The elephants are investing with other people's money, therefore there is nothing personal about it. My conclusions, the elephants(including the options elephants) encourage shorting and buy and hold. Look at the amount of $$$ that's on the table, anything is possible.