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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: lexi2004 who wrote (173795)5/4/2008 9:04:09 AM
From: nolimitz  Read Replies (2) | Respond to of 208838
 
time to short YHOO?

Analysts say Yahoo has overplayed its hand and they expect the Web pioneer's shares to fall as much as 30 percent to $20 levels when Nasdaq trading resumes on Monday. The stock rose nearly 7 percent to $28.67 on Friday on hopes of an agreement between Microsoft and Yahoo.



To: lexi2004 who wrote (173795)5/4/2008 3:10:08 PM
From: MJ  Read Replies (1) | Respond to of 208838
 
I don't like the idea of trading out of it-----for research appears like a good site.

One of the long term patterns that can prove profitable is a "flatbase breakout" from a number of years in a stock that is growing.

A flatbase in a stock that has declined is not ideal but if it is truly recovering after the decline okay.

Will play around with that idea.

mj


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