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To: ALTERN8 who wrote (23539)	8/6/1999 2:53:00 PM
From: Lucinos	Respond to of 27307

You are right. Cash is king at this moment. I am wondering why the funds are still holding the stocks. They can knock Yhoo down to 110 again easily. No one will be too exciting about it, either longs or shorts. Since it will create a double bottom on chart, with a double bottom you still don't know the future moment of Yhoo, since bulls will say it is a base for next rally, and bears will focus the fact that it breaks the neck line of H&S. So, this is the least thing they can do today without killing the goose. I am impatient to wait for it. Lucinos

To: ALTERN8 who wrote (23539)	8/6/1999 3:54:00 PM
From: Danny	Read Replies (1) \| Respond to of 27307

ALTERN8, you may make the right move by selling YHOO although I think puts are better. The most troubling sign I am seein here is DOT index, after rallying back above 500 yesterday, is hanging dangerously around 500 again. If it breaks the 500 neckline again, the classical H&S formation is completely established. Again, my investment philosphy is never to predict. We still have hope. But I would be very careful these days and act promptly on the breakdown confirmation.