was just saying this week, the markets hav ea much better tone and you can trade again. this is proof.
From what I can remember, AMZN did a similar thing last time (or the one previous) they had earnings announcement. Dumped hard, then recovered a lot before market closed?
sure, it did this the last 10 times, 20% moves. I thought everyone was ready this time but I was able to bank again.
For those of you that trade AMZN, just an observation. I started selling some of my trading books on AMZN. I have recently noticed increases in the commission that AMZN deducts. These increases will definitely help AMZN in the short to medium term, but I question how many of their large sellers will leave or object to the new commissions which will impact earnings. I'll let you decide if their commissions are appropriate or excessive from the latest two books I sold. here are the "Marketplace" calculations from email correspondence "Please ship this product using Standard shipping. Item: The Vulture Investors, Revised and Updated [Hardcover] by Rosenberg, Hilary Condition: Used - Very Good Condition note: This looks like new, but is being listed as used. Listing ID: xxxxxxxxxxxx SKU: 4Q-2V1D-LISH Quantity: 1 Order date: 09/12/2010 Buyer's price: $29.49 Amazon commission: -$6.76 Shipping credit: $3.99 Your earnings: $26.72 Item: Using Economic Indicators to Improve Investment Analysis, Third Edition... Condition: Used - Very Good Condition note: Looks like new, but being listed as used. Listing ID: xxxxxxxxxxx SKU: D0-1HWW-CPGP Quantity: 1 Order date: 09/08/2010 Buyer's price: $19.49 Amazon commission: -$5.26 Shipping credit: $3.99 Your earnings: $18.22" btw...The standard shipping credit does not cover the actual shipping cost (postal rates).