Is Yahoo a buy? ... not according to our Trade Triangles

The news is out and so is Terry Semel as CEO.

Jerry Yang, one of the original co-founders is taking over the leadership of this faded internet star.

Yesterdays almost 8% rise did not turn around any of our "Trade Triangles" into a positive mode.

Would we buy this stock?

NO .... not at the moment.

We would only buy Yahoo when all our "Trade Triangles" are green for go. We are happy to be on the sidelines watching this drama play out.

Watch the "Trade Triangles" for a buy point as they will tell you what the smart money is doing.

The MarketClub Team.

Yahoo is a registered trademark of Yahoo, Inc.