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  1. Z

    EBAY.. short sandwich

    I'll admit I've tried my share of shorts on EBAY, fortunately mostly with positive results or break even. However, this is the cult stock to end all cult stocks, and until it shows a true breakdown, there are better pastures to go short in. Most of the rest of the internet sector is WAY...
  2. Z

    Real Deflation or the Fed is smoking something?

    Perhaps you misunderstood. The current law in China prohibits citizens from owning gold. In a few weeks that prohibition will be lifted, and people can buy and own all the gold they want in China.
  3. Z

    Real Deflation or the Fed is smoking something?

    Actually, I beg to differ about deflation in electronics and other hard goods. Moore's Law only applies to chips, but deflation is real in just about any hard manufactured goods, whether it be cars, furniture, refrigerators or guitars (my favorite). The reasons include overcapacity and lack of...
  4. Z

    Real Deflation or the Fed is smoking something?

    We have quite a double whammy going on in the U.S. now, and they both portend not well for the economic health. There is price deflation in just about anything that is manufactured (i.e. anything that can be made in Asia cheaper than here), while there is abundant price inflation on services...
  5. Z

    Bull Market???

    The Japan example is simply to point out that there can be powerful rallies that exist within the confines of a continuing bear market. However, the case can easily be made for us following the Japan model, as every step we've taken thus far economically has mirrored them in an eerie fashion...
  6. Z

    Bull Market???

    Take a look at a chart for the Nikkei for the past 12 years. They've been in the bear for about that long, but along the way they've seen very powerful rallies to the tune of 30% and more that people thought was the new bull, before of course the bounce ran out and they made new lows again...
  7. Z

    money equals happiness ???

    I think it's important to have some perspective here. The fact that all of us here are typing on this board means that we all have a computer. Here's another fact. If you have any money at all in your wallet and any kind of bank account regardless of how much is in there, you are among the...
  8. Z

    P4 800 MHZ FSB Has Arrived :)

    True, I just need to run IB's TWS and not much more.
  9. Z

    P4 800 MHZ FSB Has Arrived :)

    Ya want to hear something really funny? Since my main computer went on the fritz last month I've been trading using my old Pentium II 400 Mhz machine, with no hiccups whatsoever. Power, shmower.:cool:
  10. Z

    Infomercial?

    I'm too busy working on my infomercial for the pancake maker that stamps the U.S.A. flag on each pancake.
  11. Z

    now ebay could fall further...

    It's definitely getting down to crunch time for EBAY. As stated previously, if it can bust above 91 on a closing basis, one would have to go long I believe. However, if it moves below 84.34 that would be a strong indication that the double top formation is holding to form and I'll go short...
  12. Z

    now ebay could fall further...

    AAA, are you actually a trader, or just an investor in ebay, because your comments sound a lot like the yahoos on the Yahoo boards, where the shorts try to scare the longs into selling and the longs try to scare the shorts into covering? You seem dead set on the idea that ebay will be a non...
  13. Z

    now ebay could fall further...

    Stopped out on half my position at 88.23 for a one point gain. The other half will ride to a break even stop loss, at which point I'm out and will wait for confirmation of the double top to either hold or be broken, and will go long or short accordingly.
  14. Z

    now ebay could fall further...

    AAA, You've made it clear by your comments that your attachment to EBAY is not that of a trader, but of a long side cheerleader who sounds like someone trying to scare shorts into covering, and if that works for you, more power to you. I personally have nothing for or against the stock or...
  15. Z

    now ebay could fall further...

    That's very true. I just happen to have an aversion to buying options as a sole position, even for longer time frames. I just like knowing I've got something more liquid, less spreads, no time value erosion, etc.
  16. Z

    now ebay could fall further...

    Thanks for the concern, but as I said, I've done quite well shorting EBAY, and one can't get crushed as long as they have a proper stop/hedging strategy. I also don't really bother worrying about who sells what on Ebay as it pertains to my stock position. As I said, I'm trading this one mostly...
  17. Z

    now ebay could fall further...

    Heil, I'm trailing half my position behind the current price to guarantee a profit, and would cut the other half if it moves back up to my entry and wait to reenter at a better time. As it stands now, my trailing stop for the first half is at 88.29 so I can at least keep 1 point profit at...
  18. Z

    now ebay could fall further...

    I shorted again yesterday at 89.29. Based both on valuation and its daily chart, which is showing a possible double top forming. Also, if YHOO's forward guidance tonight isn't great, all nets will take a hit in sympathy. I'm actually looking at this one as a long term short, i.e. 3-6 months...
  19. Z

    Market selling victory??

    They're too nervous about earnings coming out to be buying. It seems the war premium is priced in pretty fully now.
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