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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Stoxx who wrote (27314)10/15/2002 9:25:21 PM
From: AJ Berger  Respond to of 39683
 
I've seen charts that

show $57 at it's 200 day trend line,
but it broke though that line last
earnings by another $2. that's why
$59 feels more like the sweet spot
to me. also we are making lower lows
and lower highs, having slid down
about $3 on each end. if any war
in Iraq keeps consumers from Xmas,
then EbaY will probably fall into
a $48-56 trading range.

whatever the price happens to be,
I also watch short squeeze closes.
The day EBAY closes this week or next
without squeeze upticks in the last
15 minutes, is when I'll probably short.

Well, thanks for sharing your trigger price.

Good luck with your thread.



To: Dr. Stoxx who wrote (27314)10/21/2002 11:07:36 PM
From: AJ Berger  Read Replies (1) | Respond to of 39683
 
Shorted close above $63

after selling my $52 Long

I'll probably cover at $57
not go short there as you
advised. Into the stronger
Xmas quarter ebaY will trade
to higher lows not lower ones
unless some really bad news
comes out that we have not
heard about yet.

wish me luck...