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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Dave who wrote (25485)	4/8/1999 4:11:00 PM
From: A. Charles	Read Replies (1) \| Respond to of 90042

<<Someday, we'll all have to share our worst trades>> Buying puts on AMZN at 90! ;-( Cheers, ac

To: Dave who wrote (25485)	4/8/1999 4:12:00 PM
From: Tim Luke	Read Replies (4) \| Respond to of 90042

ok this is to make all you guys feel better about making bad calls in the market......i had 1000 shares of AMZN at 120...it was at the end of last year when all the internuts were flying...i bought it on a day when greenspan was speaking about the rates....i was up about 5K 20 minutes before he announced rate cut or no cut....so my guess was if he did cut rates the stock would soar and if he didn't he could get hammered 20 points...so i took a 5k profit instead of a possible 20k loss.....AND THEN the damn thing ran to over 300....that was a 200,000 profit i took off the table