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


To: Moose who wrote (24307)10/15/1999 12:16:00 AM
From: Stephen M. DeMoss  Respond to of 27307
 
If it drops 200 in the morning, your right, there should be a bounce off the 10,000 support. Nice for a trade. But it could be risky as once it breaks 10,000, you drop to at least 9,600 for the next support. YHOO is not a buy whether the market goes up or down for a few weeks. I could be wrong but the pattern for the last several quarters is a 40% retracement after earnings before next leg up. You have yhoo's trend combined with the market trend (down). But that's what makes a market. Your buying while I'm selling. Steve D.