Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Louis V. Lambrecht who wrote (8440)	2/27/2002 2:34:43 PM
From: nspolar	Read Replies (2) of 36161

EBAY continues to bleed: finance.yahoo.com It appears to me what has been going on here with the general markets of late is rotation, from troubled stocks and sectors to supposed safe sectors and stocks. Normally that would be okay. Present problem is that 'safe' stocks are way over valued, for the times that lie ahead. There just ain't enough juice to keep it going. My bet is a lot of still high flying and/or overpriced stocks are going to be taken out one by one, and hosed. Just like EBAY and to a lesser extent IBM. If you like shorting you just have to be patient, and make some decent picks. Shouldn't be difficult. I still don't like much of anything long except for PM's, other than for a short play.

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