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


To: Sarmad Y. Hermiz who wrote (59697)6/1/1999 7:06:00 PM
From: BGR  Read Replies (2) | Respond to of 164684
 
Sarmad,

Problem is, several people may have done just what was recommended in that post by MB, positions which are now being unwound slowly and painfully.

OTOH, OEX put/call ratios are now going sharply higher, so the reverse phenomenon may soon start (if it starts).

-BGR.



To: Sarmad Y. Hermiz who wrote (59697)6/1/1999 11:30:00 PM
From: MoonBrother  Read Replies (1) | Respond to of 164684
 
Hay Sarmad Dude,

Here is the one I was talking about, which was made right after AMZN and Net group reached their previous high at the end of Apr. when AMZN was trading around $140.

Message 9324097

As for the one you were referencing, that was BEFORE Apr. 26 high. If you did accept my suggestions and bot into those stocks on that day, you would have made $30/sh on AMZN in two days. Check the history and you would know I didn't lie. In fact, I added my AMZN shares at $180 range on that day and sold at $217 on Apr. 26. Check it and come back to me if you like.

If you are still learning, let me tell you this, investing in Net stock needs careful observation and analysis. Just because you love or hate AMZN doesn't mean you can make money by betting and sticking to it one way or the other. The success comes from grabbing every major turning point right before AMZN makes them. When it breaks the trading trend, either upward or downward, you need to notice it and move quickly accordingly. Got it?

Don't hate me, in fact, you should thank me for saving you couple thousand bucks when last time AMZN broke $160 and you were stupidly shorting it at the time. It was me who urged you to cover your 100sh shorts then, remember?

Good luck on whatever you do on AMZN.

MB