If you noticed several days ago EBAY tested it's
Fibonacci support level at 129 yet again. The test ran just
fine, IMHO. The next resistance level above 129 was
149. A close above this level today would be nice
Fibonacci retracement calcs.
234 - (0.382*170) =
~169 (Next significant resistance level)
(0.500*170) = ~149 (We broke this level today)
(0.618*170) = ~129 (Notice that we never closed below this in
our most recent selloff)
170 represents the
total range of the Great EBAY Rally from 64 to 234.
Standard Fiboannci retracements occur at 38.2%, 50.0%, and
Let's talk again Tues. after earnings and see who
BTW, Helping build Bon Fire was a
once in a lifetime experience. Even though they
thought they(the corps) ran the show, fuck em the dorms
Having attended A&M, I know the silliness of the
Corps. One of my neighbors was in it for a year, and he
told me that one of the big jobs of the fish
(freshman, to the non-corps world) was to build the bonfire
that was lit before the t.u. game.
that I thought that you might have been in the Corps
is that you have been drawn into believing in EBAY,
which since August, has been the "correct" belief. To
sustain such a belief requires the mental state that it
takes to survive the Corps. For all I know, you may be
correct. I hope that you are wrong, but that is guided
solely by personal interest. Take care.
at times. I'm German. Sorry about that.
think your intermediate scenario (3 cents earnings,
split) is actually quite realistic. I think the effect
it will have is becoming more unpredictable. I think
the effect it SHOULD have is not too good. But that's
the problem with eBay and this market - valuations
are no longer realistic, people act euphoric.
"Irrational exhuberance". At some point the party is going to
You guys could be right. Hell, there is only one
person that knows and it's not me (even though an Aggie
is about as close as you can get). Thanks for the
opinions. Better than the ATHM board.