Amazon.com, Inc. (AMZN) Message Board

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

AMZN 230.27

-0.6%

Dec 11 3:59 PM EST

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To: Sarmad Y. Hermiz who wrote (45527)	3/12/1999 10:42:00 PM
From: Jan Crawley	Read Replies (1) of 164684

I believe this approach will work best in a trading range, which it seems amzn has entered. Now the key is to recognize when amzn is in a trading range versus a trend. Exactly. However, it works wonderful during large swings also. My experience has been to set "above and beyond" limit orders for just 100 shares, take the "hit me if you wish" approach. There are days when Amzn will drop/up $7 to $10 points, and then recover/reverse most of the delta within 5 or 10 minutes.. As to the setting up long and short shares in different accounts, it should make no difference. After all, this is pretty much trading manipulations and balances. I have mine all in one now. Last year, for a while, I had 200 short shares with a full service due to difficulty in obtaining them from my on-line accounts. I just traded against the short shares "mentally" in the on-line accounts. However, Will it be inconvenient to handle 3 accounts all at once??

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