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


To: put2rich who wrote (11007)7/21/1998 10:30:00 AM
From: Peter Church  Read Replies (1) | Respond to of 164684
 
Thanks Thanh,

It looks too easy to short here. Two weeks ago, when Amzn went from 125 to 140 in one day, it retreated to 122 the next day (after touching 143 in the morning). This looks like a replay! Could it be dejz vu all over again?

Does anyone else have much more trouble going long Amzn than short? I notice that I can hang onto a short position way past my stops but sell a long position early. Funny how I'm biased to the downside, while the stock trades with a bullish bent. Maybe I've been reading too much negative posting here to have a neutral view. Still, the only money I've made in trading amzn has been on the long side.