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To: Roy F. Baker who wrote (9968)2/14/1999 4:12:00 PM
From: D PARKER  Read Replies (1) | Respond to of 40688
 
Roy, How much difference is there really between day traders and momentum traders? Day traders do not have to trade a stock every day, just for a day or so. When the momentum is gone, they're out of here!
If you want to split the proverbial hair, then I will have to say that both groups love it. But, only just after news. Between news releases, nobody trades it much and it is at the mercy (as if they had any!) of MM's.
The above is based on my opinion and a year of watching this stock react to news and no news.

"If Americans should ever come to believe that their rights and freedoms are instituted among men by politicians and bureaucrats, then they will no longer carry the proud inheritance of their forefathers, but will grovel before their masters seeking favors and dispensations."
(Ezra Taft Benson Former Secretary of Agriculture)

Citizen Dave