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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: IKM who wrote (6921)1/28/1998 11:35:00 AM
From: Howard Hoffman  Read Replies (2) of 27307
 
Today is the day. You can see it in the chart. YHOO down 1 11/16 at the moment. This is below the 50day moving average. A close at the current level (more likely even lower) indicates that this bubble is actually bursting.

When the fund managers start bailing, YHOO is going to fall like a lead baloon. Accelerating the downward speed will be the stoplosses that must be all over the place.

No short squeezes for a long time. No one who is short is going to miss this party.
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