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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: AJ Berger who wrote (7200)3/3/2003 9:08:57 PM
From: sherlockgerlach  Read Replies (1) of 7772
 
I really wanted to cover with a market order first thing this morning. With all the "good news" out on catching terrorists and the stalling war effort, I thought it might break out past 80. Believe it or not, I put in a buy stop order before going to work to cover at 79.50. Nine cents higher and I would have stopped out at the high of the day.
I am beginning to think I am my own best contrarian indicator.
I am going to call it the schitzo-technical method. Whatever I feel convinced I must do, I will do the opposite. The best time to short is when I desperately want to capitulate.
If todays action is just the shorters gaining an upper hand, then we will be back to 78-79 quickly.
But who wants to put in the order to pay 80+ on this stock in a world with a good chance of going to war? (Besides Crammer) oops, my failsafe stock method means I too will be going long at 80.
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