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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%Nov 14 9:30 AM EST
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To: Sarmad Y. Hermiz who wrote (45868)3/15/1999 11:50:00 PM
From: Jan Crawley  Read Replies (2) of 164684
 
Sarmad,

We just be very patient, if it does go to $230, it will be a nice short kill. The catch 22 for the longs are: if the shorts are all waiting for $230 to short, then it will never get there!! just kidding here.

I sold 100 shares today, my box is 225(long)/300(short). If Amzn does jump to around $145 level, it will be a good opportunity for me to close the put contract for $8 to $10 profit. Your thoughts on today's low volume actions?
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