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

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To: Jan Crawley who wrote (54524)	5/1/1999 8:36:00 PM
From: Sarmad Y. Hermiz	Read Replies (3) of 164684

Jan, Your points are all so valid. but the most important is this : 6. If you don't think that you have a good understanding of whats pushing/pulling the daily/short-terms swings, then don't play. The reason I said we're getting this down to a science, is that out of the last 30 trades for a couple of months now, only 5 were losers. Of course most of the trades were very small, but they add up. Especially when you don't let profits dribble away. With these trading profits, my ret trust was maxed out, and will have to roll it to IRA, where shorting is not allowed. Now I have to start fresh with a small personal account. I'll see whether the $22k to $101k in three months was a fluke, or a something more systematic. This time I'm starting with $24k. One thing for sure, the last $10k was like pulling teeth. That yhoo was very stubborn.

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