Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: steve susko who wrote (34178)	12/5/2003 2:36:37 PM
From: nspolar	Read Replies (1) of 36161

I have to be honest - I am short and have been for a long time. Have not mentioned it, no big position. The level I'm short at is much lower - it was my flub trade for the year. I let it get away then decided to just park it. I will make money I think, but should have taken the loss and put the money elsewhere. LT charts imo say Ebay is getting ready for a major dump. RSI on weeklies recently bounced at 50 but look a cinch to fall through and stay below that level for a long time. Once price goes below 50 there is just air. Maybe I look at a few puts this evening, but as I recall Ebay stuff of this sort is pricey. stockcharts.com[l,a]waclyiay[df][pb50!b200][vc60][iUb12!Ua12,26,9]&pref=G

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