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


To: SkyDart who wrote (18819)1/22/1999 12:45:00 AM
From: Dwight E. Karlsen  Read Replies (2) | Respond to of 27307
 
There is quite overwhelming negative sentiment on the nets at this time which is a contrary indicator [ie Studies by Zweig].

The problem is that I haven't seen any bulls capitulate, so therefore I don't see where you get the "overwhelming negative sentiment". Your own post is bullish. I don't think the pain has even begun yet. Until that happens, I would say that the sentiment is still bullish by the majority.



To: SkyDart who wrote (18819)1/22/1999 12:56:00 AM
From: memflyken2  Read Replies (1) | Respond to of 27307
 
Perhaps you're right, skydart, perhaps the worm will turn in the am.

But... you must admit we're in somewhat uncharted waters here. To my knowledge, YHOO has never in its history wracked up these kinds of multiple days of large declines... The past is sometimes a useful barometer, but I'm not sure it means much at the Mad Hatter's Tea Party...

You bought in at 265. Brave. Very brave. We'll just see. Although we have mutually exclusive bets riding on all this, I do respect what you're doing. It makes sense, just as buying YHOO leap puts has made considerable sense for some time. May the better, uh, make that "luckier", person win...



To: SkyDart who wrote (18819)1/22/1999 2:01:00 AM
From: oldcrow  Read Replies (1) | Respond to of 27307
 
Dart,

I don't think you'll be disappointed. I said earlier, whenever the wires are PACKED with crap to the tune of "better sell your shares right now", you know the covering and buying is actually going on.

of course you've got the bears chanting at the edge of the woods....

if YHOO breaks 250 then its down to 237...

if YHOO breaks 237 then its down to 212...

if YHOO breaks 212 then its down to 180...

if YHOO breaks 180 then its down to 150....yadda yadda...

......if YHOO breaks 10 dollars then its down to 50 cents....

if YHOO breaks 50 cents, the internet and everything associated with it will likely just dry up and blow away.

Sell....sell.....sell....ssssssseeeeeeeeeelllllllll!!!!!!

Actually, if the market is true to form, there should be a gap up in the AM... we'll have to see.