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Technology Stocks : UNPH _ Uniphase -- Ignore unavailable to you. Want to Upgrade?


To: Stewart V. Nelson who wrote (1100)2/3/1999 9:43:00 PM
From: IngotWeTrust  Read Replies (1) | Respond to of 1261
 
Don't know that I changed my opinion, Stewart, I was just frightened by that sell-off. I didn't know what to make of it, you know, so I vocalized my fears about it and got darn near hooted out of SI for posting same.

Anyhoo...
I don't claim to be a momentum player. I don't have the Level II tools that make it possible. So, I'm afraid I'm not any help there.
I do trendlines, MA, channels, you know...the boring TA stuff, that I can understand basically. The rest of it, i leave up to the gamblers.

All the best in YOUR Y2K preps in '99.

O/49r



To: Stewart V. Nelson who wrote (1100)2/5/1999 8:17:00 PM
From: IngotWeTrust  Read Replies (3) | Respond to of 1261
 
Stewart sez: "...your technique for determining momentum now?"

Hi, Stewart,
I read something today uttered recently by Jim Grant of Grant's Interest Rate Observer that resonated and made me think of our exchange the last few days. Mind if I share?

Grant said: Momentum investing is NOT investing, as I find investing to be trying to buy a dollar for 60 cents.

Momentum investing is the belief that you can buy a stock for $3 and sell it for $4


Any commentary? Especially in light of UNPH's wicked selloff these last few sessions?

O/49r