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Yhoo closed near 69 at the end of the day. It is starting to act a
little nervous at these levels. If the market slips YHOO starts to slip.
It has a few nervous buyers. The NYSE was very strong today so we will
see how the over all market holds up, since it will definitely effect
YHOO. I suspect we will have another gap up on YHOO in the morning. I
tried to place an order at the close to buy 130 shares at 68 13/16 on
the bid side but someone (and I know who you are) stepped in front with
a 68 7/8. I could of taken the ask but that is not "my" style.
I have a little sole searching to do about when I take up a short
position on the profit taking. Last time when I took up the short at 67
7/16 it was close to the high and was obvious. I also had taken up a
short the previous day (prior to the 67 7/16). This time I don't want to
go in too early.
However, if I do I think I might average up, but add larger amounts as
it moves up. Instead of equal amounts.
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