Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Amelia Carhartt who wrote (21872)	7/19/1998 3:11:00 PM
From: bobby beara	Respond to of 94695

MSB stay away from Yahoo its a hot potato. My plan involves the resolution of symetrical triangles, which yahoo is sitting on. These triangles usually are pauses in a trend and are resolved in the direction of the trend, but not always. Triangles that blow out before the focal point on increased volume are most reliable and follow the trend. I've noticed that many triangles that meander to their focal point are much less reliable. I've noticed that many of these leak out on low volume against the trend only to reverse back up on increased volume in the direction of the trend, for a nice measured move. Dell just did this to the tune of about 20+ points. I'll be waiting and watching on Monday and Tuesday. Yahoo is going to make a wild swing out of this triangle and I will be hedged with puts if the trade doesn't go the way I think. no guarantees from the management, propeller beanie required equipment to make this trade -ggggg- bb