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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.10+2.5%Nov 24 3:59 PM EST
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To: Robert Ague who wrote (40755)2/17/1999 10:02:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
Robert,

<Same as, cover now, short later when the trend reverses.>

This lesson cost me $$$$. I watched my amzn eat most of my account until I had to cover 1/2 my position at 186. Fortunately I survived and was able to re-establish when the price moved lower a couple of days later. But basicly, I sold low and bought high. very high. I consider my self an idiot for falling into that. I think H. James is very right with insisting on max-pain.

-Sarmad
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