Replies to post #5006 on *~1Best~* Market Timing & Trend-Signals

[*~1Best~*]

Good morning, ALL

Good luck with LDK. You know that many traders were selling EBAY and YHOO. The favorite quarter for internet is usually in 4th Q going into the Q4 report in Jan. I commented this during the last couple of years going into 4th Q, i.e. Oct.

EBAY has been sold after Q3 and it is late to buy at this point of course unless this time is different.

In Jan, when Ebay report blows off earning anticipation, then the stock will go up, but so far the anticipation is not so good as we can see it on the stock price.

It seems that you are betting on EBAY will blow off the anticipation and stock will go up. At this point, market is not pricing in the scenario. Of course, unless you move EBAY at this point to upside going into Jan earning report in anticipation of great earning report. Let's see whether you can move the stock before the earning report in anticipation of great earning report. 8)

[*~1Best~*]

treat50, nice call on EBAY going up, it went up 6% today. You are a king of momo.

I do not trust the EBAY ramp today because it looks like a dead cat bounce; however, it had a good earning report and the report has been sold off.

It will do better but market reaction is depending on its anticipation, so it is not certain as to how market will react.

Nevertheless, it is sold off, so any good earning report will take it higher.

Good luck

[*~1Best~*]

On vacation to Cancun? I think that he could be talking about my experience with bee stings. After stung by bear bees, I am not enthused about bears.

This guy is now less yelling bull as if he was the bulls... but interesting writing. 12/28 Walker commentary: In 1929 the stock market crashed, but that was also the year that the University of California, Berkeley lost the Rose Bowl. Believe it or not, the college named their team the Golden Bears. On January 1, 1929 the Bears faced the Georgia Tech Yellow Jackets at the Rose Bowl in California.

During the second quarter Roy Riegels, who played center for the Bears, intercepted a fumble 30 yards away from the Yellow Jacket's end zone. But Riegels became mixed up and began to run in the wrong direction. He ran the football all the way across the field towards his opponents goal. A member of his team ran to warn him, but by the time he caught up with Riegels, he was being tackled at the 1 yard line by the Yellow Jackets.

He ran the wrong way, and cost his team the game. The Yellow Jackets won the game 8-7. Riegels has since been dubbed Roy 'Wrong Way' Riegels. So this football player who was a Bear, had good intentions but was running the wrong direction in order to win the game, and wound up loosing. And that is exactly what the Bad News Bears are doing right now in this market, they are running in the wrong direction. And by the time they heed the warning it will be too late, because they'll be tackled at the 1 yard line.

We continue to hear the usually trepidation by the Bad News Bears, as we learned today that new home sales plunged 9 percent last month. Now I've have been pounding away at the Bears and the Financial Media for months now, because the claims that they continue to make are unwarranted and baseless. And it's disingenuous of the Bears to tell us that inflation is out of control and that we are going into a recession, when there is zero evidence of that. It is wrong of the financial media to purposely misinform the public when they know better. They are doing a disservice to the public. I think these ill-advised Bears are running in the wrong direction and it will ultimately cost them the game.