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Market_Psychology

Price breakout on buyout rumors

YAHOO INC (NASDAQ:YHOO)  
Market_Psychology  
NASDAQ:YHOO   YAHOO INC
19 0 3
Rumors that $ZV Verizon might buyout Yahoo             sent it stock over the short term resistance at 39 today. I remain skeptical because volume is not strong. But you know the old saying "buy the rumor sell the news" a less conservative investor might pounce on this opportunity
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