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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: fut_trade who wrote (4397)12/14/1997 12:51:00 AM
From: Bill Harmond  Read Replies (1) of 27307
 
>>Now they "predict" YHOO will be flat

Peter, what predictors are you looking at?

My gut has been telling me not to expect much for a while either, but all my technical indicators look positive. Business and interest rate trends positive. Yahoo equity money flows positive. On-balance volume and share price broke out to record highs. Relative strength exceptionally positive. Sentiment (a contrary indicator) negative. Short interest at record highs.

Anything can happen, of course, but the stock looks like it's climbing a wall of worry. So far the stock is still under accumulation.
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