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


To: fut_trade who wrote (23471)8/5/1999 9:55:00 AM
From: larry  Read Replies (1) | Respond to of 27307
 
Sorry sir, I don't trade looking minute-based chart. I long or short based on market sentiment. AOL has been my major shorting target for the last month along with EBAY. Sadly, both of these issues are approaching levels that shorting is no longer a fun game. They are down sooooo much from their respective highs. Sure margin calls can drive these guys down much further.

CSCO is due to beat one penny next week. And it has strong support at 60-61. This level sure will be penetrated after they report. And I am looking to position trade at 55-57. MSFT, I will position myself at 80-82. This is a gorilla stock along with CSCO, QCOM, and PCS. All the other used to be gorillas (AOL, DELL etc) are no longer gorillas any more.

larry