Momentum Daytrading - Tricks of the Trade Message Board

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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade

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To: jeff Strum who wrote ()	6/24/1999 1:46:00 AM
From: Cormac	Read Replies (1) of 2120

It looks like Jeff needs some fresh blood to take advantage of - to fill his OWN coffer with someone elses hard earned money. This is a sucker play..... I am sure Jeff and his cronies in the shady side of life have surreptitiously bought a healthy amount of the stock (at a low price) before they post their "so called pick"...you will notice that they are picking lower volume stocks - so that they can take their profit from your fresh momentum - but the stock will not have enough sustained volume or momentum to allow you a profitable exit, leaving you holding the bag. The sad thing is that so many are looking for a fast buck - without any real "work" that they fall prey to these leeches... and there are others who try to take advantage - knowing full well the game being played. I have seen these people (aware of the game) still get left behind in a losing position in these so called "stock picks". Cormac

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