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Technology Stocks : eBay - Superb Internet Business Model -- Ignore unavailable to you. Want to Upgrade?


To: Howard Hoffman who wrote (1574)2/4/1999 8:27:00 PM
From: Nelson Chang  Read Replies (1) | Respond to of 7772
 
Howard,

Thanks for the reply.

Well, today I have to agree was an ugly day for EBAY. I have a long position in EBAY, but it doesn't matter cuz as a technician I just look at the chart. And today's volume on such a huge drop was not good. No doubt that Kurlak's comments added negativity to anything trading today.

It was ugly from the get go, as I watched the volume. Someone was unloading shares regardless of price or support today.

We will see how the techs handle this one. Economic indicators out tomorrow...

I was bullish on EBAY's chart though there was great risk as well, but today's action has taken a hit to that. Let's see what happens...