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To: TraderAlan who wrote (7285)5/17/1999 6:06:00 PM
From: KM  Respond to of 12617
 
Nitpicking, of course, but "momentum" can work both ways as we well know!



To: TraderAlan who wrote (7285)5/17/1999 8:24:00 PM
From: Richard Estes  Read Replies (2) | Respond to of 12617
 
Trader Alan

""momentum traders" which probably comprises the majority of short-termers these days. And if that's all they're doing they'll be short-term survivors in this market and disappear at some point."

Why would you say that?