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

To: Bill Harmond who wrote (7181)	2/7/1998 8:01:00 AM
From: peter shi	Read Replies (1) \| Respond to of 27307

The reason to short yhoo! Since its all time high late December, yhoo has been trading side lines for five weeks. Each high was lower than the previous high and each low was lower than the previous low. In many strong days, yhoo behaved poorly. Last Friday's jump was less than 20 days average volume (1.2m vs 0.9m) and happened in a particular strong market. Money flow indicator has formed a negative divergence with the price even before its all time high and this divergence still persists. A technician's job is to react to what you see, but not react to what you hope. I may be wrong, but let us see next week.