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


To: Oeconomicus who wrote (7478)2/18/1998 11:15:00 PM
From: Bill Harmond  Respond to of 27307
 
Bob, Clintons Bay of Pigs?

I used to worry all the time about what could go wrong in the market. It drove me crazy, and I never made any money. Now I don't worry so much. I diversify. I take alot of money out of the market when I feel really flush. And I set a stop loss on my account value. Then I just pick stocks that I think will do great over time, trade a little, and enjoy myself. It's fun.



To: Oeconomicus who wrote (7478)2/19/1998 2:48:00 AM
From: TheBigB  Respond to of 27307
 
Bob + BankCeo
Insitutions are not bound to sell or buy large blocks only.
In the last minute before close, there were > 10000 shares traded.
That's a lot. If that were the volume all day - there would be 4.5 million shares traded for the day !
Whether it is short covering or institutional buying on the dip or individual buying on the dip is anybody's guess.
If institutions are buying on dips, then that means that they are still loading up (this may be borne out by Peter Futerko's data) and hence shorts may still get screwed on this stock, esp if this institutional money is patient money.

You guys need to look at realities (sorry for preaching).
If you're short - you should be exploring all the reasons for going long since you are already convinced of the arguments for shorting (you've voted with your money.)

In that vein : can any of you dig up information that may indicate YHOO earnings surprises for the upside in this quarter ?