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


To: Joel Green who wrote (23355)7/30/1999 1:58:00 PM
From: SLSUSMA  Respond to of 27307
 
From what I see, when internut stocks correct after earnings, they correct more than the tax that I pay for short term capital gains. I sold Yahoo at $185 during this past earnings run; it is now $135, so there is a correction of 30% now and probably more to go. I can do this play 4 times a year and make over 200%...buying and holding YHOO makes me earn about 150% or so. Still ahead if I trade the stocks like a day trader. Therefore, selling and buying the dips seems the only way to go.

However, I only day trade volatile stocks. Don't do the same for core holdings.

USMA95