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


To: radames who wrote (22156)6/24/1999 11:29:00 PM
From: -  Read Replies (1) | Respond to of 27307
 
Yeah, I agree with sentiment of prior 4-5 posts... YHOO probably good for run into 160's, with returning positive market sentiment and/or pre-earnings excitement... the fed / int rate scare is way overblown, money is waiting on sidelines... selloff after earnings will prob be mild if at all... YHOO might rally post-earnings for a change.

I see serious downside with YHOO only if the overall market runs into serious problems here... say if they took the whole net sector down again... seems unlikely but you never know. As a position trader I'd probably have a stop in the low to mid 130's... but right now I'm flat YHOO, just scalping/swing-trading it.

In lieu of a stop if you're nervous don't mind exiting YHOO re taxes etc. a smart thing to do is set on the sidelines with a buy-stop filed at (pick your price) $160, get stopped in if it rallies...

I'm on the road & don't have access to my earnings date stuff... could well be 7/7 will have to check.

Good trading, PATrader



To: radames who wrote (22156)6/25/1999 12:26:00 AM
From: im~ristine  Read Replies (1) | Respond to of 27307
 
I found Tupac's Market Analysis...
He knows the real reason
the market moved lower.....
equipoetry.com



To: radames who wrote (22156)6/25/1999 9:00:00 AM
From: RDR  Respond to of 27307
 
I think at this point it is pretty much given that FED will raise the rates by 25 basis points. The key thing to watch is the commentary that follow the rate hike. Are they going back to a NEUTRAL stance or still staying with TIGHTENING bias ???? Most of the people expect FED to go back to NEUTRAL and expect a good rally following that statement...

Regards,