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To: Challo Jeregy who wrote (7939)3/10/1999 9:00:00 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
The author's example of eBay as a leader is somewhat troubling. As I understand it, leaders rarely correct more than the market or more than 15% in a normal market, more in a correction or a bear market. eBay's "base" is a 40% decline from 100 to 60. It looks more like a manipulated stock.