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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: Howard Hoffman who wrote (18798)1/21/1999 11:01:00 PM
From: memflyken2  Read Replies (1) | Respond to of 27307
 
One hundred is coming, Howard; no question about it...

Only a matter of when: March? July? October? I think plunging necklines produce results even more quickly, don't they? At least that's my experience with women who favor them..

One other question: if you're a smart bear in hibernation (which is where all smart bears are during the winter season, not out in the woods cavorting and buying silly shorts), you're sitting on a wad of Jan00 YHOO puts, just quietly napping and waiting for your day in the sun, right? But what happens to those puppies if, perish the thought, somebody up and does something like buy YHOO? Just curious.

Thanks in advance. There may be many, many bear bones all around the forest, but the ones who have been smart enough to plan their work and work their plan will do just fine, thank you....



To: Howard Hoffman who wrote (18798)1/22/1999 12:40:00 AM
From: SkyDart  Read Replies (3) | Respond to of 27307
 
BUY SIGNAL TODAY: YHOO

FINALLY BOUGHT YHOO TODAY. NOW I HAVE A POSITION:

Sorry for my previous obstreporous posts the last few days. I was asked about the basis for my "Strong Opinions" given the fact I had no position.

I guess that since I bot a chunk at 265 today, I am now officially long on this stock.

As I stated in my previous posts [before I had a position] I still do not see a neckline or head and shoulders top, but this is what I do see. Now is a great buying opportunity for the following reasons:

1) Weakening sellers and strengthening buyers.

2) Similar technical pattern to the rebound in October 1998.

3) Strong support at 250 [previous resistance is now support]

4) Buy signal based on computerized technical indicators:

A} Williams%R
B} Price rate of Change
C} OBV

These are all at similar levels marking the end of prior corrections in YHOO

It is also interesting to note that CNBC is proclaiming that the Bubble on the nets is finally bursting [They have gleefully displayed charts reflecting the recent decline in the nets].

There is quite overwhelming negative sentiment on the nets at this time which is a contrary indicator [ie Studies by Zweig].

JMHO,

Dart