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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Jon K. who wrote (5565)1/21/1999 8:05:00 PM
From: Poet  Read Replies (1) | Respond to of 56535
 
Jon K; YHOO;

I do not think YHOO is a good position or long term hold at this point. My advice would be to sell into any rally tomorrow and NOT hold over the weekend. There is a lot of talk about the internet bubble being about to burst and YHOO is the biggest bubble. As I've said to someone else in PM today, if you think YHOO is a company to own for the long term, wait until it hits 185 or so, as I think it will.

If you want to talk more about this and about why I would not be long on AMZN, YHOO or EBAY for a while, please PM me.