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To: barry s who wrote (15494)11/24/1998 8:25:00 AM
From: Deb H.  Respond to of 27307
 
Okay, they'll peak at noon. How big a short position are you taking?

I don't think they've peaked yet (or that- most- they're even near the peak). But I do believe there are opportunities this week: Today or tomorrow (unless other good news is out there) there will be the usual profit taking we've seen every time there's been a market run-up (probably today since I won't have access to a computer through midday) and the price will fall off a bit before taking off again later this week or next.



To: barry s who wrote (15494)11/24/1998 9:41:00 AM
From: Smart Investor  Read Replies (3) | Respond to of 27307
 
I agree today will be the day to short YHOO! Stock went down in Europe because of global economy and Russia worries. Look at CBS Market Watch at
cbs.marketwatch.com

Traders will also unload their long position and take profit home for the holidays. No trader like to leave profit on the table for a long holiday. Therefore, today is the perfect day to either lock in your YHOO profit or sell more shorts (which I am going to do)! YHOO bubble will be deflated today! No company should be traded at a Price/Sale of 150, let alone YHOO with any Net earning. It is a matter of principle!