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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?


To: set who wrote (831)7/26/1998 8:33:00 PM
From: bobby beara  Read Replies (2) | Respond to of 3339
 
Here is a tulip for you to make you feel better,

Mindspring is splitting tomorrow, more internet frenzy.

If you draw a trendline along the Yahoo run-up from 110, yhoo left that trendline to peak @ 208 fell through it and returned back to that trendline @ 208 and failed it. Coincidentally a double top on lower rsi and obv.

If you draw a trendline from 110 the start of the run through the bottoms of the upslope of the run-up at the end of the triangle @ 180, it took off from that line to peak @ 208, fell through it the last two trading days AND I EXPECT IT TO RETURN TO THAT LINE AND FAIL IT TOMORROW OR WEDNESDAY. That failure would be @198 area. I will be shorting the daylights out of it there. I may play it on the upside in the morning.

Happy Harvesting,
wantabe - no guarantees
: - )

Yhoo has minor support @ 129 and major support @ 100