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

To: fut_trade who wrote (23440)	8/4/1999 11:40:00 AM
From: RDR	Read Replies (2) \| Respond to of 27307

I think it will go down further, $119 was tested when the rate worries were not looming on the markets. Based on the current market sentiment more like testing under $100. Wait the real selling pressure will start early tomorrow afternoon as most traders rather wait and see the employment report before putting more money to work. If the report is not GOOD YHOO will surely see $100 soon than late. The fact that most people just seem to ignore is "this is not about just another rate hike and be done with. There will be more rate hikes since FED doesn't like hiking 50 basis point at a time. Please note that they will change their bais to tightening and the focus will shift the OCT 4 meeting and rate hike." Only positive action in NETS will come around DECEMBER timeframe, so I ma in no hurry to get long on the nets yet. Regards,