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

To: Robert Rose who wrote (55424)	5/5/1999 3:32:00 PM
From: Miche Elle	Respond to of 164684

thanks Rob. I was short AMZN (from the week ago) until i bot it back to cover about an hour ago. For the record, I am flat now. When I put on a short position I have a policy to only short one issue at a time because of the higher risk associated with being on that side. It requires constant close monitoring, even with a hedge. Accordingly, I am now flat, and will sit back and observe, and perhaps cull a fresher perspective, not only of AMZN, but the entire group, and the market. I find if I don't take a step back, it is too easy to loose perspective, and miss other opportunities -- either for the upside or the downside. In the meantime, at this particular "second" in time, (and perhaps through tomorrow's opening) I sense the market seems to be extending an opportunity for longs to sell into strength. :-) that applies to longs that are short-term traders....longs that are long term investors should be ignoring the ups and downs of the market intra-day, intra-week, and intra-month. all the best.