The way to trade 10/25/07

After aapl remarkable earnings I am up 16 points which I currently sold after the news of AMZN that didn't blow the earnings expectation and went short AMZN in the morning of 10/24/07. However, I am still holding AMZN as of today and will look for tomorrow's market. Any news that can hinder the market going below such as housing, jobs , fed rates. All these are indicators and catalyst in the stock market. I am sorry I have been really busy these past week and haven't posted as much and the intraday picks. So for now, I am just going to go with the trend of the market since I am not able to look at the intraday quote as often.

Will be back with intraday picks within the upcoming days.
However, What I am holding right now is
Short AMZN- 89.47 120 shares
Long AMZN- 85.32 70 shares

Reason for this is because the market and unexciting blowout earnings from AMZN I short it. However it is typical that when this stock hits -16% I expected an intraday bounce and therefore it went back up at the close of the market 88.73. The reason I am short and long at this time is because tomorrow might be an interesting day. If there is any catalyst that the market will recover I will cover all my shares and go long and vice versa if market continue to drop I will sell my shares and short more. I am profiting from either direction.