Wednesday, October 24, 2007

Bought AMZN

Got in on AMZN a few minutes ago. Entry was 85.04 I bought it because I think today is just another over reaction to news. AMZN had extremely good earnings but the stock fell because it wasn't up to par with AAPL and GOOG. Which is pure crap. People are expecting way too much and over react way too much.


There's support around the 85 level also some around 84. Stop is at 82.50 and I plan on selling tomorrow on the rebound.


amzn buy chart

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