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

AMZN 229.55

+0.2%

Dec 5 9:30 AM EST

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To: Olu Emuleomo who wrote (22232)	10/19/1998 3:04:00 PM
From: Jan Crawley	Read Replies (2) of 164684

$100, $110, $120. Like I previously said; a close over $120 is unlikely, but it is trouble for the SHORTS if it ever happens. A close under $100 is suspect. A close under 200day EMA (currently $79) is a license to short. Olu, I do not understand the above. You made the same statement on Sept 28, when Amzn was approaching 120. I shorted 200 shares on that day at @117 3/4. I will keep the 200 short shares but I have been trading a few times in the past 3 weeks. Amzn was $80 and $81 for quite a few hours on 10/8. For us small "players" here, I would thinking short small and short high is a much better way to go. I will short again for sure at $120 given the current environment. I am not too interested in shorting below $75, not much "$$$$"??

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