When i trade YAHOO! The oscillator went negative
last week. and like i tell u here ...if it goes below
the 0 line you play yhoo from the short side. well if
u had heeded that advice u would have a short in
your pocket worth 20+ points...<br>yhoo looked like it
was basing while the other big caps were
bouncing..now its falling more. we know there is good support
around the 110 area..<br>but will it get there?....good
luck yhootraders...

The mcclellan osc. is back down to +10 the
closest it has been to the 0 line in a while...<br>watch
the adv. vs decl. on the NYSE tomorrow for clues if u
see the decl.taking over ,u will know<br>the o line
has been breached. this is when i play yhoo from the
short side....this plus the downgrade the other
day....could bring it down to<br>test the 110 area ...it
closed over 130 today..

Today the oscillator went from +51 to +53.a
minor<br>change means a close of more than 1 % in the Dow<br>in
the next 2 days...it usually goes the way of the
change...which was positive. so becareful<br>but increased
volatility means more trading opportunities...

Today the oscillator went from +51 to +53.a
minor<br>change means a close of more than 1 % in the Dow<br>in
the next 2 days...it usually goes the way of the
change...which was positive. so becareful<br>but increased
volatility means more trading opportunities...

we have now bounced off of support in yhoo.. i
think we will test support again. mcclellan held
<br>support when it hit +21 . from there it went to +95 and
got overbought.the oscillator has now topped . went
from +95 to +51. it usually tests the zero line here .
so i see alittle more downside after this bounce .
The soxx index is at 1062.52 today resistance comes
in at 1070 to 1100. watch this area for clues if it
can pop through there next stop is around 1200.If it
has trouble at this area this is where we start
shorting again. at that point we will correct.and
hopefully this will lead to the election (end of year )
RALLY... but we have corrected since june 20th and july
20th peaks...so most of the correction has been
completed...but hold on...

The bollinger bands on the s+p are
pinching...this happens before a major move in one
direction...right now the favored direction <br>is down...Mcclellan
osc. is 21.55 still positive but if it goes negative
we will short yhoo again.<br>the trend in the nasdaq
is down we could test 1350 to 1300...goodluck
yahootraders

The bollinger bands on the s+p are
pinching...this happens before a major move in one
direction...right now the favored direction <br>is down...Mcclellan
osc. is 21.55 still positive but if it goes negative
we will short yhoo again.<br>the trend in the nasdaq
is down we could test 1350 to 1300...goodluck
yahootraders

On friday the mcclellan oscillator went
positive.<br>This is the first signal i get to look for a change in
market direction.also on friday YAHOO<br>candle went
above 50 DMA. With these 2 signals in place, and as
long as mccellan stays positive ...<br>we will start
to play YAHOO from the long side.this means buying
on weakness.

its 6:00 am and the futures are down big....nas
futures down 92 dow futures down 70...looks like that was
the test of zero line on mcclellan. should start
moving down again as long as decl. stay ahead of
adv.....good luck trading<br><br> TheLASCONE

its 6:00 am and the futures are down big....nas
futures down 92 dow futures down 70...looks like that was
the test of zero line on mcclellan. should start
moving down again as long as decl. stay ahead of
adv.....good luck trading<br><br> TheLASCONE

Keep an eye on that... if it goes positive ...u
should start to buy the dips ...We have been selling the
rallies. also look at INTEL it is making a double top...we
sold at 146 11/16..<br>GOOD LUCK yahootraders....

This is not a good sign.we may be in for a bad 5
to 6 weeks.Today we broke some strong
support<br>..The nasdaq closed at 3,842 ...watch 3829 when that
breaks we will test 3,600.<br><br>..Look at the charts
..its about a 50% retracement. and guess what ?
there<br>is a GAP around 3,600. GOOD LUCK

I'm starting to see the right shoulder of a H &
S<br>pattern.I see it in the Dow ,Nasdaq and S+P cash charts .
as of extended hours wednesday night...im still
short YAHOO.. <br> good trading, TheLASCONE

i don't see any reason for us to change our
strategy....play the market from short side until u see alot more
advances over decliners on the nyse .we may watch the
nasdaq..but the real big blocks are traded in New York.

As you know my mother has a favorite saying : PEOPLE MAKE PLANS ... AND GOD
LAUGHS. Well i guess<br>you got your answer...dow down 183...

Hey lasc0ne and anyone else that wants to
respond, do you think it's safe to get back in the Tech
stocks? My fave's are CNXT, BVSN, EXDS. Also like A as a
"good deal" as you said and LU. What say ya'all. IFMX
also worth a look at 4 and change.

the osc. went from -33 to -65....it could go to
-<br>100 without a bounce...as long as it is negative
expect the markets to trend downward..right now im still
looking for a short term bottom this week<br>but this is
a time to be careful. bottoms are harder to spot
than tops.if support gives way the markets will drop
hard and fast

U REMEMBER WE SAID TO LOOK FOR A BOTTOM AROUND
25TH TO 27TH...WE SHOULD START OUR RALLY INTO THE
ELECTION SOON...ALSO U WANT A GOOD DEAL...PICK UP AGILENT
TECH. ON ANY MORE WEAKNESS...I AM...<br>GOODLUCK ALL

this looked like a spike .like randy mentioned...but it should go back
down....alittle

we can all help out here...thats what Yahootraders<br>is all about...i went long
in premarket...and went long just after open .right now yahoo up 7

Good call G! Looking for a spike up sometime tomorrow. Probably a good time to
go short again. We'll see how the peace talks and if Greenie spooks the market.
cya

START THINKING OF SELLING ON RALLIES...DO SOME SHORT POSITIONS...GOODLUCK

the mcclellan osc. is getting overbought...i c<br>us moving down until about
july 27 th....good luck

if u took a position today it got pretty scary<br>when yhoo was trading at 100 +
...but did it pay off...it closed in afterhours around 121....

LET YAHOO DROP INTO EARNINGS ..THEN TAKE A POSITION ON WEAKNESS....IT IS TRADING
AT 109+ AS I SPEAK.

With everyone talking about the collapse of the
internet....just remember this when you buy yahoo!<br>This company
makes a profit every quarter. This<br>company has
diversified. It no longer derives all<br>its revenue from
advertising. While those other companies are out there trying
to raise more funds<br>to survive....remember yahoo
has 0 debt !! So it still may trade at very high
multiples...but yahoo<br>looks alot better off than the others...

With everyone talking about the collapse of the
internet....just remember this when you buy yahoo!<br>This company
makes a profit every quarter. This<br>company has
diversified. It no longer derives all<br>its revenue from
advertising. While those other companies are out there trying
to raise more funds<br>to survive....remember yahoo
has 0 debt !! So it still may trade at very high
multiples...but yahoo<br>looks alot better off than the others...

HI ,<br>we now are linked with a website with a
url. from this site u can now enter #YAHOOTRADERS
chatroom without downloading anything. just follow these
instructions....<br><br> 1. type this in a browser...
www.daytradingstocks.com<br><br> 2. click chatrooms<br><br> 3. grant permission
to
jpilot software co<br><br> 4. scroll down to java
window<br><br> 5. enter nickname / put yahootraders in the
channel / and click connection<br><br> good luck ....i
hope to see u there soon ...its amazing what u can
learn.

I FOLLOW THE MCCLELLAN OSC. AND IT IS NOW
-17<br>IF WE HAVE 200+ MORE ADV. THAN DECL. TODAY...WE WILL
BE ABOVE THE 0 LINE. AND WHEN ABOVE O LINE WE PLAY
YAHOO! FROM THE LONG SIDE....DID 3 LONGS TODAY
ALREADY...GOODLUCK

as of last thursday our trades( #yahootraders @
mirc) have mostly been going short the stock. we feel a
bottom is very near SHOULD HAPPEN IN THE NEXT FEW DAYS.
then we turn up again . we will rally because of
yahoo! earnings and because of the election cycle. we
will have pullbacks along the way. it may seem like
techs have alot more downside..but we are only setting
up for a very nice rally. goodluck yahootraders...