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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: Howard Hoffman who wrote (19014)1/23/1999 5:51:00 PM
From: Augustus Gloop  Read Replies (1) of 27307
 
<<Or maybe the past 2 weeks have been too tough on him and he has to lash out at anyone who is profiting on the other side.>>

Howard, just as you have pointed out that you own puts, I have pointed out that I have owned Yahoo for quite a while. I could see quite a bit more downside and not be out any money. My profits would be gone but I would not lose money. That is where I think many people make a mistake. Too many folks look at their portfolio and determine up or down based on last months value. As a result they make emotional trades that are based on market timing. I believe that this type of action is the road to hell. People must buy what they can afford based on the company, not the stock and hold it! I don't ever margin stocks like yahoo. I do margin stocks like msft, dell, intc ect. I also never buy stocks like Yahoo in a self directed IRA. Self Directed can become self destructed too fast with speculative issues.

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