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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (11572)	4/20/1999 1:23:00 PM
From: Robert Rose	Respond to of 99985

tippet: my goal is to double my money every year. needless to say, i have been fortunate enough to greatly exceed my goal recently. So as long as ebay was above 30 by 9/99, i would feel that i was meeting my goal and would probably want to ride out the price swings. Of course, if it ever did begin to approach 30, I would have to look at the fundamental reasons it was doing so. At this point, the only possible such fundamental reason i see as remotely possible would be some sort of world crisis such as the Asian Crisis of 1998 that led to the meltdown from July to October 1998. I was 65% cash by October 1998, so something like that would probably force me to take profits again. Rob btw, i did choose to sell half my ebay when amzn announced its entry into auctions. i am beginning to regret that decision, although the jury is still out. bottom line: i am now trying to sell only for fundamental, not technical reasons.