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To: PeterGx who wrote (7887)3/5/1998 11:39:00 PM
From: Oeconomicus  Read Replies (1) | Respond to of 27307
 
But, with their positions so relatively large to float/volume the institutions will be able to get out only at the pinnacle of bullish exuberance about YHOO.

And last Thursday and Friday weren't sufficient exuberance, at about ten million shares in two days, for the institutions to unload much of their stock on squeezed shorts? Today didn't provide them with ample opportunity to sell a few more shares, maybe even some they didn't own (in the case of hedge funds, that is)?

Peter, you and many others on SI seem to feel that posters on these threads are a representative sampling of the investing public and, therefore, a good gauge of sentiment. I think that is a mistaken assumption. Look at the trading and what the talking heads, print journalists and analysts are saying. That's who the public listens too, not us.

Good fortune to you,
Bob



To: PeterGx who wrote (7887)3/6/1998 12:54:00 PM
From: LoLoLoLita  Read Replies (1) | Respond to of 27307
 
>>The thought of buying YHOO has begun to involuntarily
>>cross my mind with higher frequency.

What about a straddle? Be long and short at the same time.
Covering strategy To Be Determined later. In the meantime,
risk of owning/shorting can be set to zero.