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Strategies & Market Trends : MACD has been good to me....How about You?

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To: TLindt who wrote (1087)4/5/2000 12:44:00 PM
From: Tom Klempay  Read Replies (1) of 1109
 
Okay, the chart for Yahoo doesn't look great, but this little blurb from CBS MarketWatch caught my attention:
cbs.marketwatch.com

Yahoo fell 8 1/4 to 159. In the last eight times Yahoo has reported earnings, shares have fallen five times on the next day. In the one week prior to the reporting day, Yahoo shares have fallen on average. But at most, the stock had slipped by 12 percent, according to E-Offering.

This time around, Yahoo shares have taken their largest beating prior to its quarterly report, falling 22 percent from a recent high of 200, which was struck on March 27.


You catch where I'm going with this?

-tk
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