Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: saber hormi who wrote (1248)	8/13/1997 9:55:00 PM
From: Bill Harmond	of 27307

Stupid? I'll assume you're not calling anyone stupid, that it's just for emphasis. I know bonds drive stocks. It's in my profile. I don't need a lecture on it. Like I said in my post you seem bent on criticizing, the PPI may not reflect the Purchasing Managers' Report. It didn't, and bonds rallied today. I don't think the bond market is in real trouble. I don't believe in trading in and out based on every tick of the bond market. If you look back to mid 1994, the bond market retraced part of its rally and the market didn't fall apart. If I remember, yields went to new highs even. The big stocks are overvalued relative to bonds, and the small stocks are undervalued relative to big ones. I'm not selling anything until I see my charts break. You could be right, and a serious correction is unfolding. The bigger names are looking quite weak, and it could get worse for them, but I don't see a reason to sell my small names here. Yahoo is long-term hold for me. Why not back off, stop trying to pick every top in the market, stop telling me how to trade my account, and stick to a discussion of Yahoo's fundamentals...something you apparently don't understand.

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