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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: LindyBill who wrote (9929)11/8/1999 2:06:00 AM
From: Mike Buckley  Read Replies (1) of 54805
 
Lindy,

Other than general price movement due to market conditions, what is going to cause Q to go down in price?

If you accept my belief that the results of momentum players are not in the category of general price movement caused by market conditions, I would add the momo folks to that list. The first thing that could happen is that they could exit. The second thing is that they could establish short positions. Both will be relatively short-lived (no pun intended) but both can cause the price to drop.

Notice that the short interest is relatively low compared to the previous five months: viwes.com

--Mike Buckley
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