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

To: Sabrejet who wrote (23314)	7/28/1999 6:59:00 PM
From: Danny	Read Replies (2) \| Respond to of 27307

The assumption of YHOO going to 190 or 240 or higher a year from now is based on the current major bull trend of YHOO. (A stock in a major bull trend tends to make new high in the longer term). Note that I am not making any prediction here rather than just following the current major trend of YHOO. Of course, there is no guarantee that this major bull trend will not be broken. As a matter of fact, I fully agree with any statement that YHOO is in a short term bear trend (or correction if u will). However, my main point is before you have a clear confirmation of this major bull trend being broken, don't predict it. I still hold onto my opinion that before 200 dma is decisively taken out, YHOO is in a clear uptrend so far at this point. And as long as YHOO is still in the major bull trend, the chance for it to go higher is a lot bigger than it to go lower. Before that changes (the direction of the trend), for me to sell YHOO at this critical point violates my #1 rule of investing (learned through hard lessons): Never try to outsmart the market. Of course, buying pus is no doubt a great hedging tatics although that is not what I am debating here.