Fair price around 75-85, I don't think you will
see 55, but then again...look at Priceline, and their
site didn't go down as much....therefore, Ebay stock
is fairly high right now in comparison. Good luck
QXL.COM moving up again today, they hit a record
price today, and are running head to head with eBay
across Europe. looks like QXL.COM is on three markets
the Nasdaq, London and Germany and operates in 5
countries in Europe. Check QXL in the morning on the London
market before the NASDAQ opens.
http://finance.uk.yahoo.com/ type in QXL and click London Web site
at around 95. I sold some of position at 94 with
over 17 point gain but missed the runup to 99. I was
hoping to get back in below 95 and I think my chance is
getting closer. Maybe tomorrow. Lots of earnings coming
out this week and next but PPI is in the picture.
just a quick drop in--tight on time--but on
reading your posts I'd say you are a pretty sharp
newbie--objective,analytical,don't get into fierce long versus short
arguments--knows enough already to have a stop set--and you,most
importantly want to learn---recommend you join SI if you
haven't already--that's where I myself asked all those
question you are now asking and got solid answers ,fair
amount of helpful "old pros" over there.Good
O yes one other comment,on checking indicators
today,the Ultimate Oscillator looking real nasty--HP,any
comment on that?
the inx than the dot. We are sitting solidly on
our upward TL at close in both the inx and the
NASDAQ. Thursday will reveal all. If market does not take
well to the economic data from the get-go, we will
continue our selloff down to the next major support levels
on the indexes. Also, situation is "iffy" until the
How about that NSOL today? Take
note. It is telling you something.
I'm sure this scenario is built into your TA.
What's your take now that the DOT is below 700? More
room to go down ? I bet Ebay will test 129 again. 139
resistance has been broken and the shorts must love it.