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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Craig Gordon who wrote (6582)11/7/1997 1:44:00 AM
From: h.l. meeks  Read Replies (1) | Respond to of 9285
 
Craig: Interesting to see your observation on YHOO. This afternoon I was long 1100 YHOO, looking for a squeeze up to the mid 60's; I WAS long, that is, right up until the last hour of trading; I liquidated my long and went SHORT with every dollar I could spare. Looked like a reversal to me. Tonight there are plenty of fundamental reasons to think YHOO will tank. I won't enumerate them, but it sure felt like a sweet trade to me. Glad you saw it too....