Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 671.40

-1.1%

Dec 17 4:00 PM EST

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To: george1204 who wrote (5414)	11/4/1999 11:46:00 AM
From: Charles Kalb	Read Replies (1) of 39683

Thomas.....Don't know if you are short EBAY yet but it looks a little risky right here. My best shot at placing a standard error channel goes back to Sept. 9. It is sloping gently downwards and current price just above 130 is midway between regression line and lower channel line. I think possibility can't be ruled out that EBAY might bounce up to 140 or higher before moving down. Very far out on a limb questioning any of your calls of late, Charles

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