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

To: Estimated Prophet who wrote (11414)	6/26/1998 12:12:00 AM
From: Bill Harmond	Read Replies (2) \| Respond to of 27307

>>You read my mind. Why don't some of the longs(especially the ones who periodically take profits) also short this stock when the time is right? ...because Yahoo is the leader of the fastest-growing sector of the market. If you track Yahoo relative to the SPX, the NASDAQ, the IIX, the MSH or whatever, you will see a stock that has continuously and consistently gained strength relative to those indices. I think the Yahoo shorts make the mistake of shorting based solely on price appreciation. That's not sound reasoning. When it looks like time to play the downside it's best to short stocks with weak charts and deteriorating fundamentals ...just like when playing the long side look for strong charts and solid fundamentals. Successful shorting is the ultimate form of momentum investing. That's why trying it with Yahoo until now has been suicidal.