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


To: Jan Crawley who wrote (50163)4/13/1999 11:47:00 PM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
Jan,

>> I will stay the "trading" course until we see the extremes. What do you think?

I might scale up my trading to 200 tomorrow. But here is a caution.

Three weeks ago, I also felt I had "learned" how to trade amzn and was ready to scale up. That was exactly the day it left the trading range and started a one-way move. And I was 3 days late and 40 points wrong by the time I realized it. I have not had a good way to distinguish a trend from the daily jitter.

Remember again that all the bulls want amzn to blow out to 230 or 300 by the 28th. I don't think they have the power to do it for the reasons you have stated. But I think they can move it to over 200.

I wish I had a way to recognize the move quickly (if it happens).