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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.92

+0.1%

Nov 7 4:00 PM EST

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To: dennis michael patterson who wrote (40325)	2/15/2000 8:34:00 AM
From: Gersh Avery	Read Replies (3) of 99985

dennis .. I have owned Csco for years. You know what that has done. congrats! I really mean that! Now has the decision to own it been based on FA value or it's price? I'm sure that if the FA value were high but the price had just stayed put, you would not feel as well about your ownership of it. My point is that momentum is effecting everybody's decision about which stocks to own. If momentum is the game then liquidity has to be taken into consideration. It also concerns me greatly, that folks are getting used to these large daily swings in the market. Now the good news is that (usually) when I post some BS like that this the market is about to skyrocket<g>. seeya Gersh

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