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To: Bill Harmond who wrote (9131)4/6/1998 3:15:00 PM
From: Stogey  Respond to of 27307
 
If it goes up like a rocket, it will come down like a rock!
See ya at 30.
Swimmer



To: Bill Harmond who wrote (9131)4/6/1998 3:23:00 PM
From: ItsAllCyclical  Respond to of 27307
 
If the market tanks, internet stocks will pull back more in % terms. Look at Oct and learn about what you are buying.

It's almost summer, which means it's time for shorts...



To: Bill Harmond who wrote (9131)4/6/1998 3:56:00 PM
From: Howard Hoffman  Read Replies (2) | Respond to of 27307
 
<<80...in a couple days maybe sooner?>>

Come on William. You know this is a likely event. It took 7 trading days to go from the neckline to the head. Why would it take much more to go back to the neckline? Yeah it might take a week to go back to 82.

YHOO will be in the 80s real soon. Then look for the right shoulder (the sucker's rally to go up from the 80s) then look for the move to the low 60s. This chart will be in all the future TA texts. Resistance in the low 60s will be interesting to watch. If it ever breaks below 60, then we will really see a debacle.