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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.54-1.2%Nov 13 3:59 PM EST
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To: Jim Willie CB who wrote (62419)1/16/2000 5:54:00 AM
From: Maurice Winn  Read Replies (7) of 152472
 
**Serious TA Post*** Jim, there's no point debating mysticism with mystics, but to run it by you again, [in the hope of saving some of your Moonies from losing too much money] momentum in stock prices is a fantasy. It's not like momentum in a runaway train, though it's always fun to use such an analogy in the markets and people often do.

Momentum in physics is real. Momentum in the mind is not. Stock price 'momentum' is not tangible. Minds change in an instant.

That's why 'the stock is rising today, therefore it will rise tomorrow' or the reverse, will NOT make you money. You can easily test the theory by buying at the open every day the market rose the day before and selling at the open every day the market went down the day before.

Why don't you test your own belief and let us know if you are still working next Xmas or whether you really will quit your job in February?

DON'T try that theory at home folks. You'll lose your money to the brokers who will take a cut every time.

Mqurice

PS: Your continued absurd personal attacks accusing me of being a drunk are going to cost you a LOT of money. You might not understand that such an untruth is defamatory. You should forthwith phone your lawyer.

You said <I dont suffer arrogant fools well>. Well, no wonder you get all weird with people. You ought to look in a mirror.

Please advise whether you wish to settle out of court and save yourself some legal costs.
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