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July 20, 2006


Holding the Bag in the Internet HOLDR

Yahoo! blew up yesterday and eBay has been sucking forever, so things aren’t looking so hot in the internet sector. (EBAY has a 26.88% weighting in the HHH, YHOO is 28.30%.) Trend followers scratched their last long this past February and have been standing aside (or short) since that time. Only the crazies and terminal bag holders are long the HHH here.

HHH

This entry was posted on Thursday, July 20th, 2006 at 10:01 am (utc+8) and is filed under Trading and Investing.

2 Responses to “Holding the Bag in the Internet HOLDR”

  1. yoda said:
    July 20th, 2006 at 2:28 pm

    Just wondering if you qualify as a bag holder still or have you reformed?

  2. C. Maoxian said:
    July 20th, 2006 at 3:46 pm

    yoda: I’ve sold most of the Net stocks that I bought during the bubble and taken enormous losses … so I guess I’m a reformed bagholder. ;-)

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