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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Iris Shih who wrote (25532)3/10/2000 10:04:00 AM
From: j g cordes  Read Replies (1) | Respond to of 68479
 
Iris, I'd go further. You addeed that "people pour money
into stocks with strong growth momentum and new tech stories."

People/funds are pouring money into stocks that Louie told Sally who told Fred who heard it was a good story from Steve who can't remember if it was Investors Business Daily or Popular Science he got the hot tip from... "anyway, look, the stock is going up so we've got to be in it for the ride and we'll just watch it closely and get out if we're wrong."

So many people I talk to are buying symbols, they don't even know what the stock or company does!