To: Mark Fowler who wrote (18573 ) 9/26/1998 7:15:00 PM From: Glenn D. Rudolph Read Replies (1) | Respond to of 164684
Glenn, I don't know for sure, but i didn't think Yhoo would of charged ahead this soon to the new high and on. So i'm just speculating wildly here about Amzn. I don't think i should of been fooling around with this late on Friday. Mark, Speculation is about as good as anyone can do here. Your point on YHOO is well taken. At least, I am not exposed to too many shares so I can't lose too much it heads higher and then I box.I'll be busy harvesting the wine grapes on the ranch so it might be hard for me to watch and trade this stock over the next week, but i'll make time to pop in quickly from time to time and see how Amzn and everyone is doing. Do you really have a grape ranch? The other well known grape area in the US is 50 miles from me. It is around the city of Northeast, PA and the area or Northwest, OH. There is something about the lake affect or the soil that permits excellent grape harvests. It is really a small geographical area too so many are likely not aware of it. I heard you were setting up a level 2 trading system, please let me know how this works for you. Thank you and good fortune to you next week. I do have Level II now. Just implimented it recently. The last few weeks. I trade through "regular" online brokers, however. I have found that the Level II helps in seeing a short term trend and I have benifitted in choosing better limit prices, etc. It is worth it to me. My problem presently is like yours. We are getting into our busy retail season and I cannot watch the market closely on occasions. There is sort of a feel about the market if one can watch it. I believe you know what I mean. Yesterday I traded close to blindly. Jan's idea of some covered calls was excellent and worked out well for me. I never got around to it until the close which was about AMZN's high so received the best premium of the day. That was "blind" luck! Glenn