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


To: Bill Harmond who wrote (9249)4/7/1998 11:36:00 PM
From: Howard Hoffman  Read Replies (1) | Respond to of 27307
 
<<<As far as Yahoo goes..a couple observations. Yahoo was not singled out by the market
today during this decline...it was very broad, and Yahoo's decline (yesterday and today
at least) caused no technical damage to Yahoo's pattern. Secondly, as can be seen by
the dancing bears here and the focus Yahoo got on CNBC, sentiment turned negative in
the group very quickly, usually not a sign of a top.>>>

William, you may be right. Probably not. Look at the developing head and shoulders. A real work of symmetry and beauty. Symmetry says that tomorrow should be a tight day with a small range between high and low with gradual declines over the next few days. I doubt it. This stock is headed for increased volatility tomorrow and the next day. I think we will be at 82 within 2 days. It is amazing how success breeds blindness. You seem so knowledgable that I am surprised that you have not already cashed in your chips.

Those calling for YHOO's demise at 60 were premature. You were right then. Your posts say that you are about to pay now for being right then.

Next stop 82, then 62, then 52, then 36, then?



To: Bill Harmond who wrote (9249)4/8/1998 4:07:00 PM
From: Sonny Blue  Read Replies (3) | Respond to of 27307
 
William, your comments last night about the market and YHOO is quite timely. What is your view of what is going on today? I think YHOO will beat the estimate, just don't know by how much. Stock split will be another wild card that will push this one higher.