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Technology Stocks : Shorting YHOO
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: John Stockman who wrote (61)9/1/1999 8:21:00 AM
From: JB2  Read Replies (2) of 108
 
I agree there's going to be some October mayhem. But when I shorted YHOO, it was a month ago, and I just caught 10 points, (from 120 to 110 I think it was). I suppose if you are brave and patient, there will be 25+ points to be made this time around, but the wait from here may be as long as 10 weeks...
Of course, that's not a long time, for a 15% or so return. But for now, YHOO could easily still have a few more points to the upside to go. I'm going to wait and see about going short next week.
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