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To: Jon K. who wrote (1163)6/29/1999 11:46:00 PM
From: Nathan Hansen  Respond to of 2514
 
<<What would have been wrong with going long with the stocks upward momentum and shorting when the momentum died, which is what I plan on doing in the next few trading sessions?>> This sounds like a good "whip-saw" plan to me. That's how the day-traders churn their positions to nothing. Short on the momentum---"feed the fire", then buy when few are buying.


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