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

To: PeterR1700 who wrote (23634)	8/10/1999 11:55:00 AM
From: -	Read Replies (2) \| Respond to of 27307

Peter, Yes I tend to agree. I believe many of these Company's, particularly the leadership net stocks, have a bright future and the buyers will be back. Probably a little later this fall, however I'm not willing to set in them as an 'investor' and find out! Been there, done that -- just too much stress/work. Prefer swing-trading and scalping them now, makes for much better equity curve and sleep better. Looks like good odds we'll see lower prices -- YHOO has decisively broken down through major support around $120 and has traded as low as $116 today, currently putting in a little rally trading off about 3 pts in the $118 area. It needs to rally more intraday and close above $120, or the stock could be setting itself to be in big trouble (potential for $80). The low $120 area is a major swing low support zone established Jan 21-22, Feb 17-18, May 25-26, June 14-15 and it must hold at the close or we are goin' down, Baby. -Steve