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Strategies & Market Trends : WR's Momentum Trades

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To: Wayne Rumball who started this subject10/14/2000 8:27:39 PM
From: ChrisJP  Read Replies (1) of 11130
 
Hi Wayne,

I'm sure the stuff on this thread I found is second nature to you, it still made great reading. I'm wondering how much time this guy spent typing it in. Maybe he's writing a book on day trading and these are merely excerpts.

Subject 37145

Hmmmmm the markets, welllllll I guess bargain hunting ruled the day ! Based on the volume and the performance of CSCO, its tough not to think that Thursday was bottom. Not sure what to make of MSFT on Friday though.

Anyway, I bought back INSP and bought some NEON mid day, both of which were still trading higher in AH. I was busy Friday afternoon and didn't see EXDS take off .. rats ! Moved some 401K money market money into S&P equity mutual funds too. Not saying were not gonna go back to 3150 - 3200 and I really don't think were going back to 4000 right away -- I just don't think were gonna break 3000. We shall see, but by the 23rd I think we will be out of the woods for sure -- until January.

Take care,
Chris
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