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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (4830)10/1/2000 10:51:50 PM
From: jmac  Read Replies (2) of 65232
 
I remember every day of qcom. and momentum carried that stock and momentum brought it down. it was never worth $200 a share (althgouh it might be in a few years). RMBS's moves will be exaggerated even more by the limited number of shares. But, I still think you have to be in 2002 leaps. Jan 2001 is too soon.

I would also add that I do believe in Time Compression. This market is wound up so tight. I don't think it this tight. It will explode (direction unknown) within in the next week or two.
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