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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Tom Kearney who wrote (65768)6/30/1999 9:05:00 PM
From: Jan Crawley  Read Replies (4) | Respond to of 164684
 
Sarmad, Sarmad, Sarmad, and we tried so hard to learn you!

Tom, I know that this is for Sarmad to answer; but.....
See, sometimes if a trading style works, we just have to stick with it for a while....if we don't sell, then we cannot/will not buy again...etc..I also tried to sell my 350 Amzn shares at $128 3/4 today but my system was too slow and did'nt make it. If I had sold them, I would have bot them back @126...etc..

Anyway, my net trading portfolio is fast approaching $172K now. It holds 350 Amzn shares, 4 yhoo calls and cash (and all house$$). I believe that Sarmad's is even better.



To: Tom Kearney who wrote (65768)6/30/1999 10:45:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Tom,

I was using a trading range strategy for amzn. 100 to 130. At 126 it is close enough to the top of the range. So I sold half. If tomorrow it goes higher, I'll try to sell 200 at 135. That'll leave me 200 to hold to 150. I think after earnings, we'll get a chance to buy lower. Besides, I have to free my capital to short eBay.