Against a weak consumer backdrop, eBay is showing relative strength: it gained about 15% in October, is challenging the highs of the past four or five months, and is poised to break through resistance; the speaker cites it as a leading stock showing more strength than weakness.

One of the charts that I thought looked really interesting was "eBay". So I'm going to open this chart. Now, keep in mind that the background is a very poor consumer situation.

Look at eBay, it's kind of going against the grain. It made gains of about 15% here in October. We are challenging the high levels we have seen over the past four or five months.

So, if I'm looking for strength , if I'm looking for leading stocks, this is one way I'm going to find it . I will use a market map, switching between bullish and bearish days, and simply look at stocks that have started to show more strength than weakness.

Take a look at its graphs . eBay is poised to break through the resistance level. I thought this was an important point that should be mentioned.