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To: James Thai who wrote (67406)7/13/1999 11:56:00 AM
From: Lizzie Tudor  Read Replies (1) | Respond to of 164684
 
Anyway, I'm just an armchair technician, but YHOO looks like it could be forming a head and shoulders, starting from June 14th or so, and we're at the right neckline now. Anyone agree? Especially if it bounces to 160-165 in a day or two? Thus, I just bought some YHOO Jul 155s.


Can someone tell me what is a head and shoulders direction-wise? I thought it meant the stock was about to fall... you seem to imply yhoo might be going up a little, thanks