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

To: Howard Hoffman who wrote (9701)	4/9/1998 8:52:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 27307

I'm saying that this might be the top, in Elliot Wave Terms. I've had some good success with calling market turns using this analysis. A stock that makes an almost 100% gain in a matter of a few weeks is very vulnerable to profit taking. The earnings news is out, what will propel it higher. A stock in a vertical projectile like this needs constant good news to propel it higher. If you look at the chart the trendlines continue to get more vertical. If we cannot continue ascending vertically the momentum dies and so do the momentum players. They look for the next opportunity. I could be wrong and this thing will be 150 by May 7th, but I don't think so. bb