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Known
as "Piercing Line" formation.......
<SPAN
class=530182003-26102001>meaning: if recent trend is bearish, wait for
confirmation, otherwise buy immediately.
<SPAN
class=530182003-26102001>
<BLOCKQUOTE
style="BORDER-LEFT: #0000ff 2px solid; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<FONT face="Times New Roman"
size=2>-----Original Message-----From: Lee Morris
[mailto:LMorris@xxxxxxxxxx]Sent: Thursday, October 25, 2001 6:27
PMTo: realtraders@xxxxxxxxxxxxxxxSubject: RE: [RT]
Ebay
This
is seems like an odd candle pattern on weekly, ANY COMMENTS
<FONT face=Tahoma
size=2>-----Original Message-----From: Lee Morris
[mailto:LMorris@xxxxxxxxxx]Sent: Thursday, October 25, 2001 5:57
PMTo: realtraders@xxxxxxxxxxxxxxxSubject: RE: [RT]
Ebay
I
also used your 57 # to stop out of my short (actually I used the cross of
the 5 and 15 ma on the 15 min combined w/ the breakout to get out at 56.6
for only a slight loss which was then confirmed by the break of prev peak at
57. It looks like you use a lot of price action vs. indicators (hi of 10-16
and 10-24)... what ever it worked well this time. At this time my guess is
that we will see 63.60-65.6 btw now and the 29th but I agree that I would do
a wait and see.
<FONT face=Tahoma
size=2>-----Original Message-----From: Ira Tunik
[mailto:irat@xxxxxxxxx]Sent: Thursday, October 25, 2001 5:04
PMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: [RT]
EbayDoes your chart give you a sell signal?
It looks to me like it says, takeyour profits here at the channel top
and let us see what happens next. Mychart looks a little
differently then yours as I use different indicators, butthe result
seems to be close. My first post gave an entry price of 57.5
andan initial target of 59 which could run to 63. So far nothing
has happened tochange that call.David Neeran
wrote:> not a good time to short this, eh?>>
>From: Ira Tunik <irat@xxxxxxxxx>> >Reply-To:
realtraders@xxxxxxxxxxxxxxx> >To: realtraders
<realtraders@xxxxxxxxxxxxxxx>> >Subject: [RT] Ebay>
>Date: Thu, 25 Oct 2001 12:44:05 -0700> >> >Well
here is the resistance at 59, now let us see if it can go the rest>
>of the way after some consolidation. There are always two
trades, one> >up and one down. Like crossing the street, you
should always look in> >both directions. What will it take
to go higher from here and what will> >it take to go
lower. Two questions your system should answer for you.>
>Ira.> >>>
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------------------------------------------------------------------------>
Name: eBay Inc. (NM)- 15 minute.jpg> eBay Inc.
(NM)- 15 minute.jpg Type: JPEG Image
(image/pjpeg)>
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