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

To: PeterGx who wrote (7299)	2/11/1998 11:25:00 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 27307

Ah, capitulation! Sure am hearing a lot of it now, and not just in Yahoo. Come on, if this ends up being the high for this run (can you really call this a run?), we still appear, to me anyway, to be in a short-term downtrend. No new highs are being set and a decline below about $58 (the late Jan low) would confirm it. Now, if you look at the longer term uptrend, following back along the Oct, July and March lows, it looks like we are sitting on the line, so things should get interesting (one way or the other). At this point in the overall market and Yahoo's valuation, I'm more comfortable betting on the bear. BWDIK? Bob