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

To: Keith J who wrote (7044)	2/1/1998 4:46:00 AM
From: Don Earl	Respond to of 27307

Hi Keith (off topic) Personally, I can't understand why anyone would use AOL, let alone pay as much for their stock as they would pay for IBM. I wouldn't want to fight that chart short though. There's nothing holding it up if/when the momentum breaks down, but it's too early to short right now IMO. I've gotten clobbered so good everytime I've tried to fight charts that I'm to the point of doing almost nothing but pure TA based trades. When a stock has been pushed into orbit on hype, then fails to make a new high when the chart says it should, it's worth watching. When it goes lower than the chart says it should, wait for the bounce and nail it. I prefer puts to an outright short position, mainly because they can't be called away and it sets an absolute dollar amount on potential losses. Options have some nasty habits so I just play them with mad money. It gives me something to do while I'm waiting for my next long trade to show up. Regards, Don