Quote from: Statedapps on October 29, 2018, 10:21:19 AM

A good time to open short positions on Amazon stock what do you guys think ?

https://theblockchaintoday.com/short-amazon-stock/

At this point, I am pretty sure most people are shorting most stocks generally, and amazon is absolutely sure one of them. Although, looking at the way Amazon has always been when it comes to strength of its stock, I would not be too quick to judge how well it would perform or not, so one way or the other, I would say just monitor the trend and see how things really turn out before being too fast to make some decisions. A lot of stocks though have been overbought, so correction is imminent, so on the most part of things, I would be more disposed to shorting any stock right now.

Quote from: NeuroticFish on October 29, 2018, 11:35:09 AM

Although it would be a nice headline if somebody manages to short stocks with Bitcoin just to prove that crypto can be more stable than stocks, the reality is that this stability is more like a strange situation, not normality.

The way I am looking at bitcoin price that got duped pretty fast recently, look to me like some quick dump before a pump, and I would not be so sure, there will be much continuity with this. I am actually a bit tended towards an up rise for bitcoin, but for most stocks, I would be more biased to shorting them. We have seen the market really had a huge rise, over bought in all angles, so I would not be surprised Amazon may take the hit as well. However, I do not deal with assumptions, but with trends, and all that is what matters most of the time, when trading anything.