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


To: Augustus Gloop who wrote (18905)1/22/1999 2:38:00 PM
From: oldcrow  Read Replies (1) | Respond to of 27307
 
Nasdaq,

...lot's of positives going on man,

1) open put interest is rising (people selling puts ...banking the price has bottomed and will rise)

2) call open interest decreasing significantly (closing those suckers out...everyone wants to write new ones when YHOO is 50-100 points higher)

3) The avg shares/trade has been decreasing all day (367 at the open now 324)...the little scared guy that sold is really pissed he got flushed out at the bottom (again)...he'll buy and hold till hell freezes over this time :)

4) and the kicker...ohhhh...the kicker. The wires are starting to fill up with "have we seen the bottom ?" stuff. Analysts starting to re-iterate buys and even upgrades to strong buys....'cause the selling was overdone....

....hmnnn.... weren't these same jokers screaming end of the world yesterday....

....How high's the stock price Momma?...she said it's 288 3/16 and rising