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Re: jdaasoc post# 186389

Monday, 12/29/2003 10:48:49 AM

Monday, December 29, 2003 10:48:49 AM

Post# of 704044
No position currently. I scalped shorted it Friday for a buck. Last week both JPM and Merrill said EBAY's listing were below expectations. I always use that chart I posted and when I clicked on the monthly and checked out December it was almost straight down, as you can see.
Many of my friends trade EBAY as well as myself, and I just wanted to give a heads up when I saw that graph with my own eyes.

No doubt EBAY is a successful company, however it is priced for perfection, and I just wanted the threaders to be ready for a pullback off recent high.

Fred

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