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: edward miller who wrote (25044)	8/24/1998 6:33:00 PM
From: Bull RidaH	Respond to of 94695

Edward, YHOO's chart pattern is much more bullish than Dell's. It doesn't appear to have any imminent reversal road signs, and the recent closes above 97 are a strong sign. If I were going to short it, I'd look for 2 closes below 97, then I'd cover in the 87 area and look for a clean break of that area before reshorting. The main support is in the 77 area, and if that gives way, it could be a fun ride. But compared to Dell, this one seems as though it would be tougher to milk on the short side. Regards, David