Day Trade AMZN

July 24th 2007

AMZN released their quarterly earnings today. The stocks is currently trading up over 20% from today’s close. Many times I felt that pang of envy in my stomach from not catching it. That’s a huge gain in one day to miss out.

But, as I aways say, there’s opportunity in extremes. Look, the stock is going to do one of three things tomorrow. It’s going to continue up, move lower, or stay flat. No duh, right?

Well, the good thing is we know that AMZN has the attention of the investing public. Up or down, the move should be sharp. That will make for a more profitable day trade.

Let’s look at an example. FTEK had the same sort of action.

It will take flexibility on your part to trade AMZN tomorrow, but if you can trade what AMZN gives you, there is money to be made.

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