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: JT Naso who wrote (12850)	7/16/1998 10:03:00 PM
From: Oeconomicus	Read Replies (2) of 27307

OK, what is anyones opinion on what will happen tomorrow. The momentum investing and short covering driven uptrend will resume with full vigor, catapulting this stellar performer to new highs by days end, unless profit taking results in a retest of the recent correction lows. Should they not hold, further retracement of the last month's near doubling is in order. Alternatively, a sideways consolidation pattern seems in order for an undetermined period, terminating with a sharp breakout in the direction of the primary trend which is, at this time, not certain. With market liquidity, supported by incrementally higher or lower interest rates and indeterminate fundamentals, expect continued volatility during market hours. Hope that helps.

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