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


To: Jan Crawley who wrote (25400)2/22/2000 2:28:00 PM
From: Peter Church  Respond to of 27307
 
Yhoo still hovering at 150 (149 now). Will the dam break or hold? I believe it will break soon. And it's a long way down from there.

The problem with most traders now is that they believe we still have a primary bull market, that stocks always recover from the dips. But, what if they are in denial? What does a genuine bear market feel like? It would really scare the pants off most investors. I believe the evidence is growing that a bear is here for real. There may be a major cave in ahead as that reality sets in.

Just speculating here but the theory has worked well since the end of January.



To: Jan Crawley who wrote (25400)2/22/2000 4:29:00 PM
From: Peter Church  Read Replies (1) | Respond to of 27307
 
I should know better than to trade against you. Good work! Unless otherwise indicated tomorrow, I'm going to hold my large put position into early March.