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


To: Bill Harmond who wrote (2159)10/25/1997 9:58:00 AM
From: Mama Bear  Respond to of 27307
 
>>>Breaking down and being on the edge are two different conditions<<<

I have to agree with this. But if it does break lower we can expect to see all sort of traders piling on the short side. The volatility on the upside (which disappeared a while ago), will work on the downside to the same degree. It did close on it's 50 day exponential mooving average. I do expect it to rally one last time though, as one interesting phenomenon in a newly downward market is that people buy stocks like Yahoo! to try to get their money "back" quickly. Today I'm with you, I want it to go up. Of course, just so I can reenter my put position. :)

Barb!



To: Bill Harmond who wrote (2159)10/27/1997 1:05:00 PM
From: Larry Ricker  Read Replies (2) | Respond to of 27307
 
>>Since it hasn't yet broken support, I don't care.<<

William, has the picture changed since you wrote this?

Larry