SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (69246)3/21/2003 11:59:18 AM
From: Shack  Read Replies (1) | Respond to of 209892
 
Nice little ramp here which died. In the larger time frames, I am still eyeing ERTS which has much more love to give. Rejected this morning at $60, the 50% retracement of the entire rally and it is starting to lag. I am now pricing poots.



To: AllansAlias who wrote (69246)3/21/2003 12:06:23 PM
From: jjstingray  Respond to of 209892
 
Yeah, I was looking at it earlier when it looked like it was rolling. No such luck. Yahoo blasting off again too. Not shorting that one.



To: AllansAlias who wrote (69246)3/21/2003 12:28:15 PM
From: Frederick Langford  Respond to of 209892
 
Maybe not...

Looks like everyone ignored this, might just come back to bite them.

Reuters
EBay chief sees possible impact from Iraq war
Wednesday February 26,

LA QUINTA, Calif., Feb 25 (Reuters) - Online auctions giant eBay Inc. (NasdaqNM:EBAY - News) is eyeing a slump in U.S. consumer confidence, but is more concerned about the potential business impact of a war with Iraq, the company's chief executive said on Tuesday.

EBay was seeing rapid growth in Germany, Belgium and the Netherlands and was planning to return to the Japanese market, Meg Whitman (News) said in a dinner address at the Goldman Sachs technology conference in this resort town.

Despite strength in the company's international business, which she believed may outpace its U.S. operations one day, Whitman said the geopolitical climate could affect sales.

"I think war in Iraq is a potential issue for us...many eBay users will go from the Net to CNN," she said.

She was less downbeat but still cautious about U.S. consumer confidence, which has dipped on war fears, weakness in the stock market and a grim labour market.

"We have seen continued strength in the consumer," she said, but added: "I think there is (now) some concern on our part...."

Fred