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 7:39:00 PM
From: Howard Hoffman	of 139

eTrade Head & Shoulders EGRP is 1 1/2 pts above a level neckline. H&S could form from here. Any rise at this point would constitute a right shoulder. A lower close in the next couple of days, lower than 38 11/16 would make a downward sloping neckline . Especially bearish. EBAY has a 3 headed H&S with neckline not yet established, should be around 174 (level neckline). This is also especially bearish. These patterns are usually not typical trading patterns. H&S usually signals a major reversal. YHOO is in a downward sloping triangle, another powerful reversal pattern. More evidence of the bubble bursting.

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