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Technology Stocks : eBay - Superb Internet Business Model
EBAY 83.82+3.7%Nov 7 9:30 AM EST

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To: sherlockgerlach who wrote (7183)2/26/2003 9:32:02 AM
From: AJ Berger  Read Replies (2) of 7772
 
watch ebay.de overnight

the German tracking stock lost 2.2% overnight.
not a slam dunk negative, but at least it's red.

ebay will be interesting to watch today.
Volume is the key indicator of fund movement.
If we get over 10mil shares, that's significant
as fund managers consider unwinding some of
their heavy positions in this stock. Under
5mil shares is just another day of shorts
and coverers playing ball with each other.

Watch the Volume intraday around 10:30-11:30am EST
as that's when Fund managers get out of their
morning meetings and tell their traders what
to do with positions that day. If we get volume
around that time, it could be Fund's tesing the
waters on the downside.

We all know most retail longs have their cash
in the mattress, or are too busy refinancing
their homes to be investors before a War.

I wonder which major fund manager will
step up to the plate and caste some doubt
on ebay's ability to continue growing at
it's expected pace. Whoever does that
first, deserves my mutual fund money...
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