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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (2038)5/30/2007 10:57:00 AM
From: Hank  Read Replies (1) | Respond to of 6370
 
I've been following E-Bay ever since my Father told me his broker talked him into buying it at 37 (which pissed me off because my Father is clueless when it comes to tech stocks), then it tanked to 22. I should have bought some myself at that point because it is one of the few internet businesses that is a no brainer. It's the WalMart of the internet.

I'm watching it but am not convinced now is the time to buy. The chart looks a little weak and the stock could go South and head back to the 20's. If it does, then that is when I would pounce.