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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: Mark Fowler who wrote (67024)	7/8/1999 4:35:00 PM
From: Sam Sara	Read Replies (1) of 164684

>Remember what i said there will be some pull back here from recent gains...but supports will hold. I am considering selling half my net stock positions in my IRA account tomorrow morning. I am hoping for a mild pullback over the course of the day- if it occurs, then plan would be to buy back at end of day, expecting a good week to come. If steep decline, then hold off on buy, and see what shakes out next week. I can't see big up day tomorrow (light news day, no critical economic reports or earnings) so risk of missing a big upswing seems to be small. My only reservation is that while I have a good track record so far with week-months time frame investments, my short term (1-2 day) trades have been lukewarm at best. I am trying to quantify risk/benefit in my mind to try to stop trading on emotion. On this one, I would estimate 80/20 (80% chance breaking even or coming out with more shares/20% forced to buy at end of day a higher price). Comments?

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