SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Harmond who wrote (2594)11/8/1997 10:36:00 AM
From: Jumper  Respond to of 27307
 
Thank you for that thought :)



To: Bill Harmond who wrote (2594)11/8/1997 2:50:00 PM
From: Bill Harmond  Read Replies (1) | Respond to of 27307
 
My hunch why I think this market correction is continuing is that the rally was too swift, and it looks to me like the currency raiders are now targeting South Korea. South Korea is much more important a technology producer (and customer) than is Hong Kong, and has much more external debt denominated in dollars.

If I remember correctly, there are no uptick rules shorting currencies, and there are no uptick rules shorting S&P futures. Those are the critical structural flaws for the markets, IMO.



To: Bill Harmond who wrote (2594)11/8/1997 10:41:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 27307
 
>>>The last market correction took Yahoo down precisely to its 200-day. Currently, Yahoo's 200-day is 31. Just a thought.<<<

My chart says 34ish. Of course that's an exponential moving average, is there really that much difference between and EMA and a SMA? By the last correction, you mean last Tuesday morning when it fell to 34 1/8? My chart said 32 3/4 for the 200 day (yes, 200 day ema has a 45 degree slope. See for yourself: investools.com.

Barb