AI
YHOO..
Normally I would agree with your assessment but for whatever reason YHOO has been setting the tone for the market since the October 2002 lows.
In fact it was YHOO's much better than expected numbers after hours on October 9th that, arguably, led to the massive break away gap the next day. A gap that to this day has not been closed.
>
>
To this day I still remember the skepticism on CS as the market was plowing higher in the AH on that day.
Actually the Aug - Oct down trend and the following sharp reversal looks remarkable similar to current conditions.
>
>
Except that YHOO is reporting near the highs of the sharp bounce this time instead of the lows.
Normally I would agree with your assessment but for whatever reason YHOO has been setting the tone for the market since the October 2002 lows.
In fact it was YHOO's much better than expected numbers after hours on October 9th that, arguably, led to the massive break away gap the next day. A gap that to this day has not been closed.
To this day I still remember the skepticism on CS as the market was plowing higher in the AH on that day.
Actually the Aug - Oct down trend and the following sharp reversal looks remarkable similar to current conditions.
Except that YHOO is reporting near the highs of the sharp bounce this time instead of the lows.
I've missed more than 9,000 shots in my career.
I've lost almost 300 games.
Twenty-six times, I've been trusted to take the game winning shot and missed.
I've failed over and over and over again in my life.
And that is why I succeed.
- Michael Jord
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
