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Strategies & Market Trends : WR's Momentum Trades

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To: Wayne Rumball who wrote (8315)9/6/2000 8:56:33 PM
From: Wayne Rumball   of 11130
 
Someone want to splain sumpin to me....

MPPP gets nailed with some big fines, and I see some other naz stock in a similar industry going up (thanks mariah), so I look around and find HITS could be considered in the same industry.

What the hell, I buy it for no good reason, and it goes up. I dump it, it drops back to $1, what the hell, I'm bored, I buy it again, it goes up. Then it runs with the wind in after hours.

What did I miss in all this? Not complaining mind you, just curious
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