Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

AMZN 222.53

0.0%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Peter Church who wrote (11917)	7/28/1998 10:31:00 AM
From: umbro	Read Replies (1) of 164684

Peter wrote, I guess you are talking about a spread? Nope, just saying to buy the breakout up/down and follow the trend. The opposite, would be to "fade" the move, or go against it. Fading the early/late moves in the day has been working well on the wide range days, but once the price range begins to contract (consolidate), the percentages change in favor of going in the direction of the breakout. different point: good observation on the dynmaics of holding short positions (per Cramer). Sure would explain the early move up (the buy in), the move down (the short), and the 2PM "spike" up (the cover).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next