UNPH _ Uniphase Message Board

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Technology Stocks : UNPH _ Uniphase

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To: Robert Scott who wrote (903)	7/9/1998 6:33:00 AM
From: Steve Antonelli	Read Replies (1) of 1261

>> Agreed - once the momentum players abandon this stock and others in this space - will tumble dramatically. Actually, momentum investing is very counterproductive and the king of them all in Carlton Lutts of Cabot Market Letter. I don't see any good from these traders vs people who short stock which provides a rational balance to stocks. << My last 2 posts were in reference to this post. I am not a trader and do not necessarily buy/sell on T/A signals. I am however, someone who watched a momentum stock go down from 55 to 22 on NO BAD NEWS. This may not be the case with UNPH, but it sure has made me more cautious before buying a stock because it dipped a few points. I wish you all well in your investment in UNPH!

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