DAYTRADING YAHOO!

[PowerPole]

YHOO is in BIG trouble here...

Closing just below Friday's close...It formed a huge double top on today's chart, that should send it down close to 33.00 tomorrow...If the futures are down in the morning, I'll be shorting it with A LOT in the pre-market session...If it breaks below 33.00, it usually stops around ten to fifteen cents below that, then runs back up above the even number to find support there...Overall, it's weakness is worse than usual, and I'm glad we are no longer Long on it...

I took a swing (long) position on LVS today at the intraday low...It's good it's consolodating here in an uptrend after running hard the last three days of last week...I'm amazed it could pull off a positive close today!...I still have hope for this one in the near future, but everyone's volume was pretty weak today...Be careful of LVS Wednesday, as it reports earnings at 11:30 Eastern...It had a very good PR come out today...Here it is: http://biz.yahoo.com/prnews/050801/lam053.html?.v=21
I would expect it to run up some more before the CC, where they should come out with some pretty good numbers, but after that, it's anyone's guess as to what comes next...buy the rumor, sell the news (again?)...

P.S.--Wawh--I just took another look at RBAK's weekly, and the double bottom on that chart says it could go to 11.00 eventually...JMO-of course...

Good Luck To ALL ;^)