Comments on: If You’re Short Amazon (AMZN), Raise Your Hand

By: Chart Shark

Chart Shark — Tue, 27 Oct 2009 20:05:44 +0000

They’re all flying pretty high right now.

Initiating a buy at these levels would be about as foolish as shorting.

By: A Wanker

A Wanker — Tue, 27 Oct 2009 19:45:57 +0000

IN My opinion , as what happens, happens for a reason – and I am long – but these big boys- AMZN , PCLN , AAPL , will be easy to bag 20-30% AMZN TO $105 EASY RETRACEMENT , PCLN – EASY $150 – AAPL EASY $175 – NO DOUBT !!
Once a little fear gets in little investors, they panic, and sell , and they will sell.
No one is buying these 3 shithouses up here.

By: Chart Shark

Chart Shark — Tue, 27 Oct 2009 16:01:10 +0000

If the gap is the play you’re looking at, waiting for the price to enter the gap is the most basic type of confirmation for a short.

By: A Wanker

A Wanker — Tue, 27 Oct 2009 14:01:55 +0000

OK – then if you agree these are ” REASON ” to take a short , then what are you to make the deciding factor ? To me , now you have a huge gap fill void, it will be filled – maybe not in the next week, but it will.

By: Chart Shark

Chart Shark — Tue, 27 Oct 2009 13:36:17 +0000

These are reasons why it should make a good short soon, which I agree with.

They are not signals to take the short yet though.

By: A Wanker

A Wanker — Tue, 27 Oct 2009 13:28:47 +0000

75 BILLION MKT CAP , 30 % UP IN 2 DAYS , QUALIFIES FOR A SHORT. PARABOLIC RISES HAPPENED IN 2000 , AND FAIR VALUE SHOULD BE $112