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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (64477)	10/4/1999 2:28:00 PM
From: hjz	Read Replies (1) \| Respond to of 120523

You are right, YHOO's earnings runs are legendary now and so many large traders have been playing it, that it isn't what it use to be. The runs are getting smaller and much more volatile now, also YHOO is now trading on economic data. Look at the chart for Sept. 3rd when that great economic data came out, it was looking like YHOO was breaking down from 160 then on that day a great economic report came out and YHOO hasn't looked back since. I think some major traders have just decided that a run from 140 to 180 is all they want for this earnings run. HJ