5 replies to this topic

[hiker]

today's post-earning's highs ($49.75) are above the H line drawn below

Edited by hiker, 24 April 2007 - 03:24 PM.

[jjc]

So you bought in the after hours.

[hiker]

shorted first...then covered on backtest of now "being tested" up t/l connecting june 06 high with Nov 06 high now flat AMZN trade was good for about 2.5% or so. -------- I drew that H line based on weekly closes...and used it to monitor the trade, in case it came back up quickly

Edited by hiker, 24 April 2007 - 03:50 PM.

[jjc]

shorted first...then covered on backtest of now "being tested" up t/l connecting june 06 high with Nov 06 high

now flat AMZN

trade was good for about 2.5% or so.

--------

I drew that H line based on weekly closes...and used it to monitor the trade, in case it came back up quickly

Nice trade.

[hiker]

thanks, jjc. Some here long ago noted AMZN having a bullish chart pattern....those still long AMZN for many weeks are the good AMZN traders.

[OEXCHAOS]

I don't know if Denleo still has his, but I still have mine! I just wish I'd bought more. Frankly, my problem has not been picking bad ideas, it's been not buying enough of a lot of good ones. For some reason, I've gone from being Mr. Early (which I was for a long time and which is why I've tented to leg into positions), to being Mr. Right on time it seems. Mark