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To: oldcrow who wrote (18878)1/22/1999 1:10:00 PM
From: oldcrow  Respond to of 27307
 
I was just thinking....(day off...nothing better to do than harass the shorts)

...If I were short at this moment (in the face of a split run, in the face of the STATED 250-275 floor, in the face of blatant hypocritical press)...I would be concerned with the appearance of YHOO's old trading pattern of a few short weeks ago...

...run, set new high, then pull back 7 points and consolidate...

...run, set new high, then pull back 7 points and consolidate...

let's see.... 253 up to 271, pulled backed to 265....ran to 279 pulled back to 267...ran to 283 then pulled back to 277....where it sits...

...consolidating....oops...279....getting ready for the next run to...

...oops 279 1/2...

I don't know, maybe the shorts are pretty solid (gut-wise)...but this pattern (being so reliable) during the last run-up, would scare me...