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

To: Sarmad Y. Hermiz who wrote (60755)	6/5/1999 12:42:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

>>. Bulls will declare that as the end of the correction. Greed will set in, and a return to 150 and higher. << Yes, I agree William and Mark were also saying that yesterday. My only guess is that the elephants chose 100 as the next buying opportunity. 150?? That could happen, but I'm sticking to my discipline. I'll stand firm until it hits 145, then I'll be out in a flash, and just get out even. With Interest rate fears I think Amzn will have more down than up potential. The "thing" that Amzn has going for it is, it's a stock that the elephants must own, and seem prepared to wait 10 years for the controversial outcome. They can do it because they're playing with other peoples $money. That's why I don't recommend to others that they should short it. You'll also never see me recommend anyone else to buy it. You see, I see Amzn as a pure gambling play, not for the weak @ heart. There isn't a guru in the world that can predict it. Even Cramer and his side kick are as divided as William and I are on this one. I'll tell you who loves this stock, its the Market Makers. They've made a fortune with this volatility. In this very liquid market they can get away with that. Just to see those sluts keep from making their $billions, I'd like to see this liquidity dry up, but that would require a market crash, and I'm not stupid enough to wish that on anyone. All of us bulls have made a killing, and I hope it continues. Because of Interest rate fears though, I'll keep my finger close to the trigger. Ps The one thing that all of us, Bulls or Bears can agree on is those Call or Put premiums those sluts are charging is ridiculous. I know Kis, will pay them. I won't. Trust me.