Shorting YHOO Message Board

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Technology Stocks : Shorting YHOO

YHOO 52.58

0.0%

Jun 26 5:00 PM EST

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To: radames who wrote (78)	10/20/1999 5:25:00 AM
From: Stephen M. DeMoss	Read Replies (1) of 108

We are thinking similarly. The only concern I have is that YHOO broke the down pattern today for the first time since earnings. Real technical people would dump the trade immediately. I plan to watch it today and tommarow (after AOL) and see if it makes new highs the next two days. If it does, I will bail. I was amazed how all the blue chip internets were having lower highs and lower lows every day since YHOO reported TILL yesterday. It was picture perfect. The rising rates should be hurting the nets. Either they do not believe it will continue or it is a delayed reaction. AOL's earnings are expected to be very good. If not....Steve D.

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