Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: Bill Harmond who wrote (10735)	5/7/1998 11:28:00 PM
From: Michael Collings	Read Replies (3) of 27307

>There are enough things bothering me to have made the decision: Deteriorating MACD (possible second rally failure) for the S&P 100 & 500 Indices. Transportation average broke its 50-day on April 27, rallied back up to it and looks like it's breaking down and away. Utility average making lower highs and lows. Asian markets weakening again. Microsoft taking the Windows 98 issue to the streets. Internet stocks resisting good news. Quality stocks I want to own (but don't) are suddenly in decline for no fundamental reasons(one of the best sell indicators I've ever known.) Financial stocks possibly rolling over. US Dollar breaking down. Finally, a short-term double-top in the major averages intra-day yesterday, confirmed today.< So something has changed? There are a lot more indicators than this that show some serious problems with this market. Or are you now just playing the bounces? Dangerous game you are playing..... I'll stay short!

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