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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.91-0.1%9:46 AM EST

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To: slipnsip who wrote (6656)6/18/1998 8:47:00 PM
From: gbh  Read Replies (1) of 164684
 
David, I too am still boxed and will miss the gap down tomorrow morning. I did gain back over 6 points today, 5 on one long sell and buy, and 1 1/4 on the other at the end of the day. Unfortunately, I was too scared to leave the position unboxed overnight.

I am now actually making money on this position (not much, but I was down almost 9 points at one point).

I think there will be more money to be made over the next few days. I'm hoping for a gap down in the morning, a quick rebound, at which time I'll sell the long, and then wait it out till the end of the day. As usual, I will allow myself a 1 point stop buy to the upside if it happens to turn around (which I'm not expecting).

If the rebound never occurs, I'll just pick a spot and sell the long. I love not having to wait for the "uptick".

Gary
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