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


To: Ram Seetharaman who wrote (22002)6/15/1999 4:58:00 PM
From: Follies  Read Replies (2) | Respond to of 27307
 
I just shorted more at 128. I know I will make 40-50% soon! Stock is still very overvalued at $125+!



To: Ram Seetharaman who wrote (22002)6/15/1999 5:37:00 PM
From: -  Read Replies (1) | Respond to of 27307
 
<loaded to the Gills with YHOO at $121! ..>

Great, please join with me in PRAYER for a modest economic number in the A.M. ... if it comes in soft, the nets could really boogie tomorrow! If it's "expected", the institutions may wait for Greenie to speak the next day, before voting with their wallets... if it's a "HOT" number, I will see you down on the street corner...<G>

YHOO had a strong day going, but you could see all the short-termers getting out in the last 3 hours, ahead of this HUGE number...

I was long YHOO intraday but stopped out at a profit when it came back in; same for AMZN, but I was stopped out for a breakeven there. I'm not as confident as you that the "double-bottom" will hold; they may need to margin-call "panic out" some more folks first (hope not)... the next couple of days should go a long ways in "telling the story" of whether the low is really "in", from this whopper of a net sector correction...

Good trading, -Steve



To: Ram Seetharaman who wrote (22002)6/16/1999 11:15:00 AM
From: Brasco One  Read Replies (1) | Respond to of 27307
 
my yhoo calls returned 400% in two days!