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


To: Sarmad Y. Hermiz who wrote (70430)7/28/1999 10:21:00 PM
From: Marshall001  Read Replies (1) | Respond to of 164684
 
Sorry to hear that. Really. I really hope the best for everyone long or short. We can all make money either way. I really expected more enthusiasm with DSCM's pop. I think the afternoon was a technical rally on the 100 level. I was actually long in the morning (if you call a daytrade long) and turned it around after the small run-up. I actually missed the top because I expected a more solid run maybe back up to 110 -112. I wanted it short at that level.

Either way I am not looking too bad yet and really feel the upside potential for AMZN is minimal considering the earnings report. DSCM seemed to me to be a rally point and it didn't happen. That is why I shorted. We may see a few up days after the huge selloff last week. I am convinced the 89 - 92 support level is next.

JMO.

M