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


To: Gary Wisdom who wrote (23238)7/26/1999 3:48:00 PM
From: ALTERN8  Read Replies (1) | Respond to of 27307
 
But how long do you expect it to stay below its 200 DMA? My guess is no more than 5 hours. Tomorrow morning might be the last chance to pick it up under 200 DMA.
Fundamentals not changed, lots of good news on the way like Yahoo! Everywhere.

Also why does Yahoo! show ~139 as the 200 DMA on their 3 month chart, and your reading is ~137? where are you reading ~137?



To: Gary Wisdom who wrote (23238)7/26/1999 3:51:00 PM
From: Spangle  Respond to of 27307
 
> Now that it's under the 200 dma, is it a bear trend now?

Uh, yes, Mr. Wisdom. I'd say it's definitely a bear trend.

A glorious bear trend.

A "this scam has been played for all it's worth" kind of trend.

...still waiting for 110.

Spangle out.



To: Gary Wisdom who wrote (23238)7/26/1999 4:09:00 PM
From: Danny  Read Replies (1) | Respond to of 27307
 
Gary, this will be my last message exchange with you.

First, if your intention is to argue whether YHOO is in
a bear trend with me, you are wasting your time as I never
disagree on this point.

But I would argue strongly against any statement that YHOO is
in a "majo" bear trend. A major bear trend in my mind is
a trend that lasts more than a year, possibly for 2-3
yrs. For a long term investor like myself, this is all I care
about.

Now, to confirm a major bear trend, a stock has to break through
its 200 dma with heavy volume and stay there for 2-3 days, which
isn't the case for YHOO here.

Again, we have the fundamental difference in the investment style.
You are basically a trader and trade on short term volatility
and instinct, while I focus primarily on the fundamental of
a company's future. Any discussion from here will be pointless due
to such key difference.

Danny