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


To: Sarmad Y. Hermiz who wrote (45077)3/10/1999 10:06:00 PM
From: Jan Crawley  Read Replies (3) | Respond to of 164684
 
What's the plan for tomorrow?

Sarmad, you and the others are the experts for 1K plus shares trades, I am only good for 100 shares.(not kidding).

Anyway, Amzn's trading was too smooth today, especially in the afternoon, to indicate too much excitement. It seems that everyone hope and think that it will go up, but no one is making the big effort. I bought 75 shares after lunch for at 135 3/8 to make it 350L/300S.

If we have a gap open tomorrow morning to $140, I will sell 100 shares into it, then box trade as usual. If you have 1600 shares(?), then I would think that you sell 800 into the gap-open, sell another 400 shares if it goes up more, then set limit orders to buy 400 shares back only/if at lower prices...

You are probably tired of my same old plan!