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Covered: AMZN

by Danny on February 29th, 2008 at 12:35:47 pm

I am covering AMZN here at 64.31.

Though I think it can (should) trade lower, there is some gypsy support at $64, which is noticeable on both the intra-day chart as well as the 1 yr. chart.

I am leaving my other hedges (TWM: 69.58 0.00%), (SRS: 86.99 0.00%), (SKF: 118.90 0.00%) on, as they have more upside.

This entry was posted on Friday, February 29th, 2008 at 12:35:47 pm and is filed under --Stock Commentary--, -Buys. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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2 Responses to “Covered: AMZN”

  1. Cajun Says:

    great call on AMZN short, however i think it still has more room to fall, a lot more!

    February 29th, 2008 at 12:59:44 pm  Add karma Subtract karma  +1
  2. Danny Says:

    I have the “new” AMZN

    February 29th, 2008 at 5:48:40 pm  Add karma Subtract karma  +0

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