with yahoo hitting $29.30 today i’m curious who held on and who jumped ship. i know that fred wilson and howard lindzon got out at $23 or $24 with howard predicting it would continue to $20 where he’d get back in. i doubled up based on the premise that i love the macro story of internet advertising and dont care whether the company is being managed well. i’m a macro investor and invest based on tectonic shifts. i’ve never understood momentum investing and dont have the kind of information flow or research capability to be ahead of the market on fundamentals and catalysts.