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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

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To: radames who wrote (22156)6/24/1999 11:29:00 PM
From: -  Read Replies (1) of 27307
 
Yeah, I agree with sentiment of prior 4-5 posts... YHOO probably good for run into 160's, with returning positive market sentiment and/or pre-earnings excitement... the fed / int rate scare is way overblown, money is waiting on sidelines... selloff after earnings will prob be mild if at all... YHOO might rally post-earnings for a change.

I see serious downside with YHOO only if the overall market runs into serious problems here... say if they took the whole net sector down again... seems unlikely but you never know. As a position trader I'd probably have a stop in the low to mid 130's... but right now I'm flat YHOO, just scalping/swing-trading it.

In lieu of a stop if you're nervous don't mind exiting YHOO re taxes etc. a smart thing to do is set on the sidelines with a buy-stop filed at (pick your price) $160, get stopped in if it rallies...

I'm on the road & don't have access to my earnings date stuff... could well be 7/7 will have to check.

Good trading, PATrader
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