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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (36563)7/11/2000 11:05:27 AM
From: AlienTech  Read Replies (1) of 43080
 
I think it is momentum, once it falls everyone sells and shorts and then it starts going up and everyone buys and covers. But I never expected a large cap like CMGI to drop to 20% of its highs without any serious bad news like with QCOM. But even QCOM is being battered for no reason.
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