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Politics : View from the Center and Left

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To: Dale Baker who wrote (61710)4/25/2008 1:56:34 PM
From: Katelew  Read Replies (1) of 543544
 
Dale, you're a seasoned stock market trader/watcher. You know what a momentum stock is. People see it going up and jump in without much investigation....it goes up more, catching the attention of a new group of buyers. It gets talked up on TV and at work, and the whole process repeats itself....until the public realizes the company wasn't that special to start with. Maybe weak earnings come out....or a scandal.

Obama was a momentum candidate.

People, for one reason or another, are taking a second look.....some 'sold' and went with a different stock, Hillary....the old workhouse, the safe investment in terms of experience.
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