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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 (72)10/17/1999 12:56:00 PM
From: Stephen M. DeMoss  Read Replies (1) of 108
 
Options expiration had a lot to do with where YHOO and the other net stocks closed. 170 YHOO calls and puts were 2 of the most actively traded contracts in the market. 2 others were the AOL 110 calls and puts. Stocks closed right at/near the strike. I checked all net stocks. Since OCT 7 when YHOO reported, ALL have daily lower highs and lower lows. Check it out. Can you say SECTOR ROTATION? The trend is down. Good luck to all long and short. Steve D.
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