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

AMZN 220.66

+1.6%

Nov 21 9:30 AM EST

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To: Glenn D. Rudolph who wrote (6551)	6/18/1998 2:44:00 PM
From: F The	Read Replies (1) of 164684

>>I am having difficulty making anything of today's action. Not enough down momentum to make me happy.<< It is so difficult to decide whether to unbox my 1/3 holdings and replace them with calls option. afraid of today's drop would be just like last Friday 2 pts drop before it went up to the roof. >>I bought deep in the money puts today to play a day trade. Not planning on holding them.<< I may day trade it especially the range is pretty big. But who knows when to get in and out. I think just have to set the target and can't be greedy. Scalping may help to recover a little bit. Adding overnight short position is not justified for potential upside risk. Why do you think that the option expiration will NOT affect the buying or selling pressure? Hope you do well today with your day trading. Felicia

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