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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: SusieQ1065 who wrote (59009)	6/28/2002 7:27:50 PM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 208838

there ain't nuttin bullish about FNM's chart. stockcharts.com

To: SusieQ1065 who wrote (59009)	6/28/2002 7:28:17 PM
From: SusieQ1065	Respond to of 208838

Jeff Bailey 6/28/02, 17:21 Expedia (EXPE) 59.29 +0.18% .... will continue to monitor this stock for potential short/put play. One thing I'm noting here at the close is DIVERGENCE between EXPE's % gain today and that of USA Interactive (USAI) $23.45 +3.76%. For first time since announcmement of potential merger, I notice that EXPE lags bullishness in USAI. Since today was end of quarter, may well be that EXPE was underperformer to USAI based on end of quarter distribution. However, I'll make note of "sell side bias" as it relates to USAI. Underperformance today may also hint that the proposed merger is having trouble. USAI is also attempting to merge with Hotels.com (ROOM) $42.23 +0.54%. Here too, we see some "under performance" on a daily basis. Again, this appears to indicate a sell side bias related to USAI. USAI is also attempting to merge with Ticketmaster (TMCS) $18.71 +3.25%. Aha! Similar gain in TMCS as found in USAI. Question arises as to why EXPE and ROOM lagged the USAI gains, while TMCS kept locked to USAI. Is something going on with the merger, or is EXPE and ROOM simply under greater distribution? If trading any of these 4 stocks, my thought further become that EXPE and ROOM are most likely the better put candidates now, when correlating against price action in USAI. Would be thinking about short/put EXPE again, should USAI rally back near the $25 level.