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


To: Sarmad Y. Hermiz who wrote (47151)3/24/1999 10:17:00 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>>With the frequent reversals in amzn, it is very easy to lose in both long and short. <<
Sarmad, I'm confused. I believe you have set up a box.
You got shook up when the stock ran up to 140. If you had put the lid on your long shares and let your short shares run free. You'd have picked up 25 points in just a few days.
If you want to make $money using a box. You must go with your gut.
This last week we've been given all the signs. That tech stocks are backing off.
When the elephants analyst's start screaming the decline is done. That's the time to put the lid on your short shares and perhaps let your long shares run free. Not until.
Trust me on that.