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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: John O'Neill who wrote (11081)6/11/1998 10:18:00 PM
From: Andeveron  Read Replies (1) of 27307
 
>> any comments on the wisdom of shorting YAHOO? <<

I trade YHOO both long and short. My last trade was a short position that I opened yesterday. Along with my YHOO short, I also opened a short position in XCIT.

I only hold short positions for a maximum of 5 days; if the direction goes against me, I always close it out and either go long or short at a higher tick, depending on how the L2 looks.

Money can be made both ways in these stocks; just don't hold a short that has gone awry. Re: AMZN from 59 to 100+ earlier this year.
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