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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.54-1.2%10:18 AM EST

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To: Sarmad Y. Hermiz who wrote (58026)5/23/1999 5:53:00 PM
From: Olu Emuleomo  Read Replies (1) of 164684
 
I do think many who bought the 20% dip are hurting now, and some
cannot hold their position anymore.


Sarmad, I guess those who said "never catch a falling knife" knows what they are talking about.
BTW, after getting whipsawed on my AMZN buy-stop at 196 (a failed breakout), I had to formulate the following rule

"For every buy-stop, there *must* be an equal and and opposite sell stop".
Call it Olu's 2nd law. :-))
(The 1st law is not original. But it has saved my life. "Never avg down!")

--Olu E.
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