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To: Robert Sievers who wrote (7081)	2/2/1998 4:39:00 PM
From: craig crawford	Read Replies (1) \| Respond to of 27307

Why wouldn't you buy it at $66? People that buy YHOO today at $66 are still kicking themselves for not buying yesterday at 63 or the day before at 58 etc. etc. Only people that bought at $71 are anxious and underwater. Just about anyone who shorted YHOO except for those 5 narrow points between 66 and 71 is more anxious and worried if you ask me. (At least in the short-term).

To: Robert Sievers who wrote (7081)	2/2/1998 7:40:00 PM
From: Don Earl	Read Replies (1) \| Respond to of 27307

Hi Robert, Actually, resistance is at around 67 1/2. It needs to break above that to reverse the current down trend in short term MAs. Stochastics suggest that it's over bought and reaching the saturation point (10 day %K @ 89). It looks like it might have some legs left before it starts to cross down, but it should be close to topping out and there isn't any support holding it up until it hits 58. That doesn't mean it will necessarily drop that far, but unless it breaks resistance it seems probable. For those that subscribe to the maximum pain theory on options, it would tend to trade sideways at around 65 until the Feb 18 expiration. The sharp run ups during the day happened fast on light volume. It doesn't hurt to keep in mind that the MMs can go short on the ask. Quick run ups at the close have a tendency to encourage profit taking at the next open. Might get some clues from Asia over night. It might be interesting to note that the Nikkei is worth about $134 US (17,000 yen isn't a lot of money). It wouldn't really take much to manipulate some of those Asian indexes that Reuters has been throwing at us for the last couple months. I've yet to see a single article that quotes the total market value of any of the Asian markets. Just blue chip indexes. If you train the dog to salivate at the sound of the Nikkei, it wouldn't be that tough to make him drool at will. Regards, Don