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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.58+2.9%11:57 AM EST
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To: Steve Lee who wrote (72797)8/9/1999 3:30:00 PM
From: Jan Crawley  Read Replies (1) of 164684
 
Steve, please note that I am trading very small and this is just my trading style.

From my experience, there is about 50% of the trading days with a delta of $7, and 20% with $10+ swings in Amzn. Therefore, for today, there is less than 20% of the probability that I will get 200 shares @81 1/4; but if I do, there should be a 80% chance that the price will bounce back more than a few points.

ps. currently, today's hi is 91 1/2, low of 84 1/2, diff. of $7.
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