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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: dawgfan2000 who wrote (36660)11/29/2000 1:22:12 PM
From: Stephen  Read Replies (1) of 42787
 
dawgfan2000, part of the problem is that the day traders have learnt that momentum on the downside works just as well these days as upside did in the old days. Thats why the market may overshoot - fundamentals don't matter a diddly-dam if ones trading intraday.... and trading the trend downwards is the current theme ......

Course ... it could cause the market to implode somewhat ....

Sadly ... lots of fund managers are fully vested ... and see their portfolio tanking. Not that they have ever been trend breakers in the past ....fwiw

Regards

Stephen
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