Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: Millionairess who wrote (22105)	6/21/1999 2:47:00 PM
From: -	Read Replies (1) of 27307

YHOO intraday trading update - Monday June 21 YHOO has been trading very strong all day today. After gapping up 4 points at the open, it pulled back slightly, but held the gap and went into rally-mode, at the current time (a little over an hour before the close) the issue is up nearly 13 points at $157. For those technically-inclined, the intraday buying pressure is so strong that the ADX on a 15-minute chart has been holding above 50. Despite some early, significant program-related weakness is the Dow and S&P's, the internet sector has been "on fire" all day, propelled by relief over easing interest rate jitters, a rebound from an overdone selloff, the pending earnings reports, and company-specific (e.g. YHOO's instinet) news. Those who decided the recent selloff to $120 was overdone, are certainly being rewarded. YHOO is certainly some kind of a strong stock! Good trading, -Steve

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