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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: nspolar who wrote (94683)	4/11/2004 5:06:48 PM
From: Shack	Read Replies (1) \| Respond to of 209892

My comments were indeed about the general markets not just EBAY. It was a response to your comments that this thread is "too bullish". And I am not "arguing" here, you do what your style dictates. Personally I have not seen a single reason to get short here and I want some constructive dialogue as to what the bears are seeing to be looking down. Trust me I will listen. My feeling is the general market is currently transitioning Why? It may very well switch but I still see the general uptrend in place. If it changes right here then fine. You can bet I willl be long out of my positions if we look headed back to that March 24 low. The risk/reward is rapidly going the other way here. Again, what is it specifically that you see which supports this? I sense your answer will be about the 18 month rally getting long in the tooth but that's really just speculation. It could go on for another week, month, 6 months or it could be done. re: INTC Shack, not trying to nit pick you of all folks, but this is a little confusing. There is nothing really to add. I looked at the recent low as the conclusion of a correction off the November highs which is why I'm long. But its no slam dunk and we are still in an area where it can go either way.