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


To: Howard Hoffman who wrote (9252)4/7/1998 11:52:00 PM
From: Bill Harmond  Respond to of 27307
 
>>Look at the developing head and shoulders. A real work of symmetry and beauty.

Repeat after me, "It ain't a head-and-shoulders, until it's a head-and-shoulders. Then it has to fail."

In any event, this would be a very short-term one. If you want a classic reversal H&S, look at a Nike chart. The good ones usually take months to develop.

>>I am surprised that you have not already cashed in your chips.

If I think Yahoo has taken this space, and that this space is going to be huge, and that Yahoo has as much potential as America Online, and I'm patient and diversified, why would I want to do that? I've tried it twice already and lost a couple points of opportunity each time. Luckily I had some corrections to help me reconstruct my Yahoo position. No more.