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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: fourptt who wrote (2771)7/21/1999 8:56:00 PM
From: Jorj X Mckie  Read Replies (4) | Respond to of 63513
 
fourptt,
I am not really a big fan of the nutz right now. YHOO held support on the 5pt chart at $145, but it is not showing much strength. A move to $140 would be a clear sell signal and a move to $165 would be a nominal buy signal.

Outside of P&F, I am not very bullish on this market so I would only take a long position for a quick turnaround.

If I were playing YHOO, I would wait for it to get to $160 and then I would buy puts.
JXM