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May 2nd, 2008

Bought Yahoo (YHOO) - Will MSFT Acquire them?

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Microsoft will likely have to raise their offer to Yahoo, not much choice left there IMHO. I expect $34 as target, just a quick pop and I will sell it. If I’m wrong, STRICT MONEY MANAGEMENT IS IN PLACE.

2008-05-02 134411-YHOO - OHLC 4m30d_1d 

Intraday Chart - note the pressure.

2008-05-02 134412-YHOO - Candle 10h45m_15m

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This entry was posted on Friday, May 2nd, 2008 at 12:48 pm and is filed under trades. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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