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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: Karl Radke who wrote (10047)4/15/1998 2:44:00 AM
From: Marc Newman  Read Replies (2) of 27307
 
<<INTC beat numbers. YHOO up 10+ tomorrow. This game is too easy!>>

When it looks easy, it is probably Wrong!, as Cramer likes to say. Everybody thought we would explode up on Monday and it didn't happen. We even went straight down at the open, before bouncing back up. This stock likes to do the opposite of what the majority expects.

I'm a bit surprised we haven't hit 120 yet, however. And I think 120 or 124 is a good place to set a short, frankly. I even shorted a bit more at 116 9/16 because I'm pretty sure we'll at least fill the gap from earnings. After that, who knows?

And I'm looking forward to this year's 40-50% correction. It's an annual event, right?

Whatta stock,
Marc
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