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Well EBAY acted ok today -2 considering over all strong DJIA........ have
a great weekend all.................. :-)
----- Original Message -----
From: "Ira Tunik" <irat@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, October 26, 2001 9:17 AM
Subject: Re: [RT] Ebay
> Trading is a verb not a noun. If one is trading why should one take a 4
to 5 point loss when he/she can take that as profit along with the
> gain from a short. Your time frame of trading/holding doesn't suit most
traders. It is a buy and hold approach. At what point do you say you
> are wrong? How big a draw down do you need before it hurts enough? Or is
it your clients that are the ones that suffer alone? Flexibility is
> a traders greatest asset. The ability to not have an opinion and trade
what the market will give him/her. The ability to make money whether
> the market goes up or down. So to say hold on until Dec. seems ludicrous
to me. You may be right and Ebay will go to 34 and you will earn 20
> points. A trader might make 50 points on that same move by trading in
both directions. Enough said. didn't mean to get carried away. Ira.
>
> "Dorothy K. Carter" wrote:
>
> > WHY: because it gave a downside target........... the 4-5 points it has
> > rallied is not bad given risk reward of 34 point downside target ..
I'll
> > take 4 to 1 odds anytime... shorting is not for everyone.... the
original
> > post was suggested as a DEC play.... and mark your calandar... it
should
> > be met by then... :-)
> > ----- Original Message -----
> > From: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Thursday, October 25, 2001 11:54 PM
> > Subject: RE: [RT] Ebay
> >
> > > with dozens of 'net related stocks with negative earnings, poor
prospects,
> > > and negative growth, why short the only game in 'net town making $$$ ?
> > > Why ?
> > >
> > >
> > > > -----Original Message-----
> > > > From: David Neeran [mailto:dneeran@xxxxxxxxxxx]
> > > > Sent: Thursday, October 25, 2001 8:03 PM
> > > > To: realtraders@xxxxxxxxxxxxxxx
> > > > Subject: Re: [RT] Ebay
> > > >
> > > >
> > > > 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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