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Strategies & Market Trends : The Thread

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To: SpinCity1 who wrote (43669)	4/13/2001 12:24:33 PM
From: Kaliico	of 49816

EBAY daily chart very telling... it spells volatility given the wide following of this stock the close just above the 50 DMA represents a critical juncture for EBAY, also the 10DMA has crossed the 20DMA to the upside. This is a bullish read for EBAY with the 47 to 51 level doable,without the 10X20DMA i would say its a short. Notice its rise back in Jan01 with an almost identical setup. If upside momo continues for the market as a whole i would expect EBAY to continue on up, that is if doesnt warn etc.(which i doubt). The 10,20, 50 DMA chart rules are coming into play for many stocks in rally mode, played correctly its a reliable money maker. Given the present economic worries K

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