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: Bill Harmond who wrote (7149)	2/5/1998 6:15:00 AM
From: Don Earl	Read Replies (1) of 27307

Hi William, I tend to trade fairly short term trends and rarely hold a position for much longer than a month or so. I usually use 12 and 26 days for MAs, and those are pointed down. The longer trend lines are up, so it's hard saying if this is a shorter term down trend that's part of the overall upward movement, or a reversal. I'll leave that one to future history students. Seeing what I should have done is always real easy. What to do next is the hard part. It looked like a Mexican stand off on level II today, with a lot of inventory above 64 1/2 and lots of buy orders below 63. Volume dries up when buyers and sellers get that far apart. It should continue moving lower with volume picking up over the next few days. If it doesn't, I'll have to think about it some more. For now I think my puts look just fine, but I can also see where anyone that got in a few months ago would have plenty of cushion to ride out some bumps along the way. A lot depends on a persons time frame. Regards, Don

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