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


To: Olu Emuleomo who wrote (22232)10/19/1998 3:04:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
$100, $110, $120. Like I previously said; a close over $120 is unlikely, but it is trouble for the SHORTS if it ever happens.
A close under $100 is suspect. A close under 200day EMA (currently $79) is a license to short.


Olu, I do not understand the above.

You made the same statement on Sept 28, when Amzn was approaching 120. I shorted 200 shares on that day at @117 3/4.

I will keep the 200 short shares but I have been trading a few times in the past 3 weeks. Amzn was $80 and $81 for quite a few hours on 10/8. For us small "players" here, I would thinking short small and short high is a much better way to go. I will short again for sure at $120 given the current environment.

I am not too interested in shorting below $75, not much "$$$$"??



To: Olu Emuleomo who wrote (22232)10/20/1998 12:20:00 PM
From: Olu Emuleomo  Read Replies (1) | Respond to of 164684
 
We are now attacking $110. Time to watch carefully. Do we go to $115/$120, or do we go back to $100?
Place your bets... :-))

--Olu E.