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

To: Glenn D. Rudolph who wrote (54637)	5/2/1999 7:17:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164684

Glenn, >> I see both you and Jan posting your trades. I will try and emulate. First you have to promise it will be only 100 shares ! You also need patience. The idea is this. First you watch amzn for 15 minutes or so at the open. Usually that is enough to get it past the open fluctuations. then put a limit sell order 7 points above the open gap level, and a limit buy 7 points below the the open. Then take a nap until one of them hits. If you get a fill, put a limit order to unload the position at a few points profit. That's it. Some days nothing fills. Some days you get several round trips. The only caveat is to identify the days when this method will work, and days where there is a strong trend, and it will not cycle. This method only works when it is not in a trend. Which is about half the time.