SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: HECTOR RUBERT who wrote (20142)2/18/1999 6:35:00 PM
From: VIXandMore  Read Replies (1) | Respond to of 27307
 
Hector,

While it would be nice if your "testing the year's low" theory turns out to be true, I wouldn't bet the farm (condo?) on it. AMZN fell right through the '99 low today and kept going down; worse yet, YHOO's periodic highs seem to be trending lower and lower.

I'm long since Aug. '98 and about to pare back some of the remaining 20% I have left from my original investment. If there's one thing I learned about support and resistance levels on the way up, it's that they can quickly be obliterated.

Hedged with puts,

-Bill