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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST
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To: Gary Wisdom who wrote (23238)7/26/1999 4:09:00 PM
From: Danny  Read Replies (1) of 27307
 
Gary, this will be my last message exchange with you.

First, if your intention is to argue whether YHOO is in
a bear trend with me, you are wasting your time as I never
disagree on this point.

But I would argue strongly against any statement that YHOO is
in a "majo" bear trend. A major bear trend in my mind is
a trend that lasts more than a year, possibly for 2-3
yrs. For a long term investor like myself, this is all I care
about.

Now, to confirm a major bear trend, a stock has to break through
its 200 dma with heavy volume and stay there for 2-3 days, which
isn't the case for YHOO here.

Again, we have the fundamental difference in the investment style.
You are basically a trader and trade on short term volatility
and instinct, while I focus primarily on the fundamental of
a company's future. Any discussion from here will be pointless due
to such key difference.

Danny
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