After a prolonged correction since mid April, the
market has exhausted itself on the downside. Then, after
yesterday's big drop, this morning brought out massive margin
and speculative liquidation on heavy volume. The fear
level hit a maximum this morning.
We may retest
the lows, but they will most likely hold.
start building a solid base for the next few weeks,
then mount to new highs towards Q4.
Casual Techwatcher. 8/5/99
it had reached bottom with the interest rate
scare. EBAY's trend is upward with stepwise profit
I love this company....I mean this
Wide swings in price to be expected again
If you can't take the heat get out ....go play with
LU( down big time tommorow) or IBM.
under your various aliases. We know they're all
the same person.
Anyway, Janus takes a stake in
AMZN. Remind me again how that helps this pathetic EBAY
stock? Re-read the story. It's
A M A Z O N...not E B
A Y. They used to all rise together. Not any more.
analyst keep adjusting the earnings down - YET
they do an UPGRADE? Helloooo? Anyone home? This is a
suckers bet it will drop and drop some more until at
least $50. Even then this stock will be valued years
out. No one is buying anything at auction that has any
real value thru this company. Would you? Have you?
Know anyone who has? Duh. Nickel and dime sh$t. That
is all. Show me the way to the earning these analyst
are claiming. It is all BS. This is no MSFT.
EBAY is valued at 46 cents!!! This isn't some fly-by-night web site valuing EBAY at
.46, but a website by Quicken and Excite.
Compare this to today's closing price of 89
1/4. I don't think I'll ride EBAY down to .46, but it will certainly see $55. The 'net
stocks can no longer hold a sustained rally. Up one day, down even bigger the next. Check
So when somebody tells you that in holiday season
be a lot of online sales and things will
boom, you buy that
the numbers gentlemen.
Last year both Fedex
and UPS decided not to increase their
to online sale deliveries, and they were
So who delivered those zillions of goodies to the
they were bought online?
i agree with your analysis.
go long on the
major net stocks that trade over 2m shares per day.
Yhoo, aol, ebay and amzn is all you need to play the
christmas buying season. Don't be left behind.