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To: Oeconomicus who wrote (7326)2/13/1998 10:48:00 AM
From: craig crawford  Respond to of 27307
 
Come on all you Yahooligans! Your not buying! Time to bust up the shorts!

Where's Vinik when I need him...



To: Oeconomicus who wrote (7326)2/13/1998 10:50:00 AM
From: Don Westermeyer  Read Replies (2) | Respond to of 27307
 
Bob,

I margined my wad on a company called WDRY. I don't like holding too much margin and something had to give. So far it has been a good decision as it is down about 15% now (that like YHOO moving 10 pts!).

I will likely re-entery a YHOO short before the next earnings release.

edit - Actually I just shorted again at $66. Only 500 shares though. I'm making the MM's all kinds of money today!

That seemed to work OK last time for me.



To: Oeconomicus who wrote (7326)2/13/1998 11:29:00 AM
From: Bill Harmond  Read Replies (1) | Respond to of 27307
 
>>WH, since the "lower low" was reached from the Jan high of a little over $68, isn't that the more critical level to test rather than $66 1/8?

They're all important within this formation, but I don't really think this formation is important. In any event, we now have a higher high and higher low within it.

On a longer-term basis, looks like a successful dual test of the 50-day (now at 62 1/2), which I think is much more important.

Trendline support is still down around 51.