SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: TraderTerry who wrote (23128)7/20/1999 3:33:00 PM
From: -  Read Replies (1) | Respond to of 27307
 
Terry,

The market has been struggling but failing to stay off it's lows of the day with 30 minutes to go... YHOO took out the swing-low support established June 25/28 & July 13, breaking to $144 (a new low for the day), AMZN has broken to new lows now off over 9 pts... and the S&P Futures are one-half of a point off of a limit-down condition. Not a real bullish scenario, although we could still see a bounce up, the odds are much better for further downside.

Currently YHOO is fighting a mighty battle to hold $144, interesting to watch on Level II. It's like they're trying to over-run the gates with battering rams, before the clock expires...

-Steve



To: TraderTerry who wrote (23128)7/20/1999 4:05:00 PM
From: -  Read Replies (1) | Respond to of 27307
 
oops... they've broken down the gates at YHOO... $144 broke, it's tanked to close at $142, off 7 1/2... AMZN off $11 1/2, holding on ot $120 for today, coming into earnings.

Ugly day, NASDAQ off 99, Dow 192 at the close. QCOM/HLTH/JNPR/SNDK/EXDS showed good relative strength though...

-Steve