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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: Dave Mansfield who wrote (21965)6/11/1999 10:27:00 PM
From: -  Read Replies (1) | Respond to of 27307
 
Have to give the intelligent speculator credit where credit is due, on their TA calls (most recently pointing out the bearish flag formation). I was speculating that YHOO had bottomed and reversed back up; after dumping my $125 swing-trade shares right above $150 during the runup to $158, I was back in from $140, betting on a continued recovery in the issue, along with the sector. Instead of continued strength/recovery, it's looking $158 was still a bit of a "bounce" in the downtreand... I was stopped out today break-even on my new long position from $140, and based upon the break of support at $140 abandoned my smaller core position as well.

I will re-evaluate YHOO for a long position trade if it firms up Mo/Tu, or short it on weakness looking to work myself into a break-even stop and trail it ASAP, based on what happens next week. We may need to test those lows from 10 days back!

Of course, this stock's always good for a few multi-point intraday scalps, long or short! I like to use wide, 3-4 pt stops with this bad boy. How about the other YHOO scalpers? Anyone getting good enough entries to move your stops tighter than that, when looking for 1+ points?

Good trading, -Steve



To: Dave Mansfield who wrote (21965)6/12/1999 11:23:00 PM
From: -  Read Replies (1) | Respond to of 27307
 
Man, has YHOO been declared DOA or what? Can't believe how quiet this board has become...



To: Dave Mansfield who wrote (21965)6/13/1999 4:08:00 AM
From: Teresa Lo  Read Replies (2) | Respond to of 27307
 
Interesting comment. I have noticed message boards in general to be slowing down as the market goes down. It's nearly dead at Raging Bull and Motley Fool - and chat at our site is up. Many people looking to understand risk control and money management of late.



To: Dave Mansfield who wrote (21965)6/14/1999 7:02:00 PM
From: memflyken2  Read Replies (1) | Respond to of 27307
 
Well, Dave, back from three weeks in the Land of No-On-Line Connections, and look what I discover!

As a primal bear, this warms my soul, as it does yours I'm sure...

And to those who think we only come out of hibernation when times are good i.e. bad, let me just say this: most of us got tired of (a) bullish abuse, and (b) saying the same thing umpteen different ways umpteen different times. We were even beginning to bore ourselves.

Now we will resist the temptation to gloat (a) because any bear worth his salt lost a shirt or two on the ride up, and (b) people like Happy Girl and co. were so thoroughly obnoxious that we can hopefully give better example in our time of victory. We would like to think we have a bit more class than to holler YAHOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!
IN LARGE TYPE all over the screen...

Nevertheless, and I will say this only once: it sure is nice to be sitting on a pile of Jan00 YHOO 100s...