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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: Spangle who wrote (23309)	7/28/1999 4:37:00 PM
From: Gary Wisdom	Respond to of 27307

"Spangle out"? Out of money? <eom>

To: Spangle who wrote (23309)	7/28/1999 4:39:00 PM
From: garrick le	Read Replies (1) \| Respond to of 27307

If it was a dead cat bounce today,volume would not be this heavy. Expect YHOO to test 150 soon. GL

To: Spangle who wrote (23309)	7/28/1999 5:09:00 PM
From: Danny	Read Replies (2) \| Respond to of 27307

The #1 lesson I learned from yrs of investment (and I now view it as the #1 rule in my investment life going forward) is that: Never ever try to outsmart the market! The history has shown from time to time that nobody, and I mean nobody, can consistently predict the short term market movement. Anything is possible. Don't claim it until after the confirmation. For example, is this a dead cat bouncing in YHOO? possibly. But does anyone here really know that, absolutely not! In my view, YHOO is just as likely to go up to 190 as to go to 50. What is my point? My point is you don't have to predict this short term movement by either selling your YHOO now, or add onto your short position. You can do that after YHOO breaks it 200 dma in a decisive manner, or break that 120 neckline in a decisive manner, or break up its hangover resistenc at 150. "Then I would lose 10 or 20 more points if I wait till that happens". Yes, you lose more points. But but a difference does it make on a 10-20 points movement if you have holded YHOO for more than 1 yr? What happened if YHOO goes to 190 instead of 50 in the next 3-4 months? Has YHOO's fundamental really changed in the last 3 weeks compared to the last 2 years? Act on the market, don't predict it. PS: I am glad YHOO stage a rally here. BY the end of this week, we shall all know if YHOO is a cat or just a wounding lion.