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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST
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To: Mama Bear who wrote (3959)12/9/1997 12:17:00 PM
From: PanzerGeneral  Read Replies (1) of 27307
 
It looked at first as if YHOO was set up perfectly
for the MMs and high-rollers to make a killing going
in either direction.... 54-42-61-30

There's two things we know for sure, YHOO can not
get much past the $61 mark, there's zero support
at 62 and little at 61 1/2. The second fact is
that YHOO will be trading in the mid 30's during
the 1st week of Feb. '98.

Not a fact, but speculation is that interest rates
will be raised in March or April bringing everything
down around 10% leaving YHOO in the low 30's.

So, is the manipulation finished? There's no where
to go but down now. But will the MMs play some more?
Bringing it down, up, down, up, until the final plunge?
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