I Should have named this thread "Dumb Money& Mo Mo.." Or the Basket of QQQ stocks are a basket case.
It use to be for the QQQ only, but that's to narrow. ----
I will try to focus more on how Dumb Blind Money, creates Momentum ( Mo Mo ) and how smart money takes advantage of it. Individual stocks are not my focus, except in the context of how they effect a basket as a whole.
----------------------- I picture myself as a Strategist more than say an FA, or TA person, but I do use TA, ( FA sucks )
I find certain other subjects threads very interesting while they are more general they are also very much worth investigating ( for me at least ) The three I visit most often are Subject 50783 and Subject 28666 and Subject 24052 They have a collection of some very good posters. Here is a Momentum weighted S&P with a start date from the last major low..3-11-03 siliconinvestor.com I'll post More about how it works when I have time. |