Amazon.com, Inc. (AMZN) Message Board

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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: Jan Crawley who wrote (41728)	2/22/1999 10:54:00 AM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

Jan, I did a quick trade. I shorted 200 at 103 1/2, covered at 102 1/4. I may be able to the a couple of those today. But it looks like amzn is stair-stepping down. If I follow my new and improved model of amzn, the rally tried to continue this morning. It fizzled at 104 because there were no more anal upgrades. The run-ups are getting shallower, and the run-downs lower. There is no clear volume favoring the up side. So I think today is down. Perhaps under 97. I may short again at 103, if we see it. -Sarmad

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