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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium
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To: Yak-attack who wrote (40275)12/7/1999 5:34:00 PM
From: Mr. Tomatohead  Read Replies (1) of 108040
 
YHOO---Shorted even a little more in afterhours. I think that I can mirror your sentiments exactly. I am prepared to take about a two-three day hit on this one. Not 90 point ones though ! Short a whopping 100 shares. It won't do me in unless it splits like 10:1 and runs into the thousands. But I am certainly betting on a retracement to the 295-310 level. If it goes near there quickly, I will probably wait to cover. I think that 400-420 is my max pain level here. I've have made a lot of money on YHOO long, no reason to get too greedy.
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