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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Iris Shih who wrote (18512)11/23/1998 9:53:00 PM
From: xcr600  Respond to of 69751
 
re: YHOO split

I'm looking for the announcement from YHOO when the momentum begins to wane in the i-net sector. Last week the sector started to slow, and AMZN stepped up to the plate and announced a splt. Boom! Off we went again. Thank god I'm not short! Figure YHOO's split will ne next week.

Clint, I'm curious to here your predictions on this market? It's crazier than it was in the summer. I want to long some stuff, but I feel that everything is already so overvalued. And I'm afraid of a repeat drop. Globally things appear to be better, but I don't think it would take much of a catalyst to start a strong reversal.

Thanks for any input.