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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: Oeconomicus who wrote (11006)6/8/1998 11:02:00 PM
From: Bill Harmond  Read Replies (1) of 27307
 
I basically use 20- 50- and 200-period simple (weekly and daily), and for trading and options I use 9-day exponential, and Bollinger Bands based on a 20-day simple average.

There's no clear technical pattern. Yahoo is technically still declining. I bought back because the market stopped reacting to negative news. I don't have a clue whether this is a snap-back, consolidation or another leg up. The close was very strong across the Internet stocks today.

In the last two days I've gone long Yahoo, @Home, Amazon, DoubleClick, OnSale, AOL, Cisco, and Saville. Saville (not an Internet play) has been particularly weak. I think things are ok, but technically it's a Kamikaze buy.
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