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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


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