Yahoo and other bubbles...when will they burst? Message Board

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Strategies & Market Trends : Yahoo and other bubbles...when will they burst?

YHOO 52.58

0.0%

Jun 26 5:00 PM EST

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To: Dave Mansfield who wrote (101)	2/9/1999 7:27:00 PM
From: Howard Hoffman	of 139

Amazon Head & Shoulders Confirmed Based on closing prices, AMZN had a neckline @106. The close at 100 today confirms a reversal pattern, one of the most feared of all. Anoyone with sense holding AMZN still (oxymoron?), will have a sell in at 106 in the hopes that there will be a rebound to the neckline. There is a 2nd, stronger shoulder with a 2nd lower potential neckline around 63. Expect the next big move on AMZN to be down to 63. I hold no AMZN shares, but I will also post this on the AMZN thread (in addition to YHOO Bubble thread).

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