Altaba Inc. (formerly Yahoo) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Howard Hoffman who wrote (18798)	1/22/1999 12:40:00 AM
From: SkyDart	Read Replies (3) of 27307

BUY SIGNAL TODAY: YHOO FINALLY BOUGHT YHOO TODAY. NOW I HAVE A POSITION: Sorry for my previous obstreporous posts the last few days. I was asked about the basis for my "Strong Opinions" given the fact I had no position. I guess that since I bot a chunk at 265 today, I am now officially long on this stock. As I stated in my previous posts [before I had a position] I still do not see a neckline or head and shoulders top, but this is what I do see. Now is a great buying opportunity for the following reasons: 1) Weakening sellers and strengthening buyers. 2) Similar technical pattern to the rebound in October 1998. 3) Strong support at 250 [previous resistance is now support] 4) Buy signal based on computerized technical indicators: A} Williams%R B} Price rate of Change C} OBV These are all at similar levels marking the end of prior corrections in YHOO It is also interesting to note that CNBC is proclaiming that the Bubble on the nets is finally bursting [They have gleefully displayed charts reflecting the recent decline in the nets]. There is quite overwhelming negative sentiment on the nets at this time which is a contrary indicator [ie Studies by Zweig]. JMHO, Dart

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next